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Highlights

  • Two parcels at 5144 and 5148 W Lake Street total approximately 24,570 SF, offering flexible space ideal for outdoor storage or vehicle parking.
  • Zoned C1-3 and PMD-9, supporting a range of commercial and industrial uses, including outdoor storage, fleet parking, and contractor yards.
  • Central West Side location provides efficient access to Downtown, nearby neighborhoods, and surrounding areas including Oak Park and Cicero.
  • Rare gated IOS site in Chicago’s West Side industrial market with strong access, flexible terms, & capacity for approximately 55 vehicles or trucks.

LOT Available

Display Rental Rate as

Rental Rate
  • $2.21 /SF/YR
  • $0.18 /SF/MO
  • $53,911 /YR
  • $4,493 /MO
Lease Term 1 - 5 Years
Lot Size 0.56 AC

Property Overview

Located in Chicago’s Austin submarket along the Lake Street corridor, the property sits within a high-demand West Side industrial pocket. Split between two lots, 5144 and 5148 W Lake Street, this site totals 0.56 acres (approximately 24,570 square feet). Ideal for parking, this site can accommodate approximately 55 cars or bobtail trucks. Positioned just off Interstate 290 (Eisenhower Expressway) with convenient access to Interstates 90 and 94, the property offers strong connectivity across Chicago and the surrounding suburbs. The central West Side location provides efficient access to Downtown, nearby neighborhoods, and surrounding areas, including Oak Park and Cicero. Well-suited for secure outdoor storage or vehicle parking, the gated lot allows for a range of uses. C1-3 and PMD-9 zoning make it a good fit for contractors, fleet operators, and service users. Flexible short-term leasing and competitive pricing make it a practical infill option. Central location, flexible terms, and competitive pricing make this a practical option for tenants looking for secure outdoor space in a tight West Side industrial market.

Property Facts

Total Space Available 0.56 AC
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Parking Lot
  • Truck Stop
  • Truck Terminal
Fairly walkable
40/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
60/100

Demographics

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
City
Population
Miles
Drive Time
Chicago
2,705,994
2
0 h 4 m
Indianapolis
867,125
186
3 h 41 m
Detroit
672,662
283
5 h 20 m
Columbus
892,533
324
6 h 58 m
Nashville
669,053
473
8 h 54 m
Memphis
650,618
544
10 h 5 m
Access and Labor Force
10 Miles
Total Population
2,931,282
Total Labor Force
1,536,065
Unemployment Rate
5.08%
Median Household Income
$85,219
Warehouse Employees
223,793
High School Education Or Higher
87.70%
  • Listing ID: 40991556

  • Date on Market: 7/10/2026

  • Last Updated:

  • Address: 5144 W Lake St, Chicago, IL 60644

Contact the Leasing Agent

5144 W Lake St

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