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1540 S Ashland Ave
Chicago, IL 60608 Illinois Medical District

Rate Upon Request

Warehouse For Lease  •  11,880+ SF

Property Details

  • Property Type Warehouse
  • Year Built 1969
  • Total Building Size 73,169 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning PMD 7
80 Transit Score
60 Walk Score

2 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste 101 Industrial 25,216 SF Rate Upon Request 
Variety of Different Sized Suites and Layouts for Lease.

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Negotiable
  • Space Type: Relet
1st Floor Ste 103 Industrial 11,880 SF Rate Upon Request 
Subject to offer.

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Negotiable
  • Space Type: Relet

Description 

1540 South Ashland Avenue presents a versatile industrial leasing opportunity in a prime Chicago location. The property offers two available suites—25,216 SF and 11,880 SF—each designed for efficient operations with clear heights of 16 feet and superior loading options, including multiple docks and drive-in doors. Tenants benefit from proximity to major transportation routes, including I-290 and I-55, as well as convenient access to the Pink Line for workforce commuting.
The building is professionally managed and provides a variety of suite layouts to accommodate different operational needs. With excellent loading, ample parking, and a location within minutes of Chicago’s core business districts, this property is ideal for companies seeking a functional and accessible industrial space.

Highlights

Located 1 mile from I-290 and 1.5 miles from I-55, providing strong regional connectivity.
Three blocks from the Pink Line (18th Street Stop) for convenient public transit access.
Two available suites totaling 37,096 SF with flexible layouts and office build-outs.
Excellent loading with multiple docks and drive-in doors for efficient operations.
Professionally owned and managed property ensuring reliable maintenance and service.
Parking ratio of 1 stall per 1,000 SF supports tenant and visitor needs.

Amenities

  • Fenced Lot
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Western Avenue Station (BNSF) (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min - 1.0 mi
Halsted Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min - 1.6 mi
Transit/SubwayDriveWalkDistance
18th Street Station (Pink Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 5 min 0.2 mi
Damen Station (Pink Line) (Pink Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 18 min 0.8 mi
Polk Station (Pink Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 18 min 0.9 mi
AirportDriveWalkDistance
Chicago Midway International 15 min - 8.0 mi
Chicago O'Hare International 30 min - 18.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 70
Type: Surface
Included in Rent: Yes
Steve Aaronson 312-339-2220 Cushman & Wakefield
Steve Aaronson 312-339-2220 Cushman & Wakefield