Cawley Commercial Real Estate executed three new leases at 4800 & 4850 S. Kilbourn Ave. in Chicago, Illinois, a 237,694-square-foot industrial manufacturing campus owned by AIC Industrial.
Together, these transactions bring the campus to 42% occupancy, reflecting continued leasing momentum and strong market demand for functional industrial space within Chicago’s infill locations.
Cawley CRE’s Frank Melchert, Stevan Arandjelovic, and Simon Porras secured a 34,836-square-foot lease at 4800 S. Kilbourn Avenue with Chicago Metal Fabricators for a 36-month term. At 4850 S. Kilbourn Avenue, the Cawley team completed a 22,148 square‑foot lease with Chicago Moonwalks Inc. for a 60‑month term and concurrently finalized an 84-month lease for the property’s 6,198-square-foot garage building with The Experts 1 HVAC Inc. Chicago Moonwalks Inc. was represented by Adam Roth and Wilson Starr of NAI Hiffman, while Alex Sutterer and Patrick Clifford represented Chicago Metal Fabricators, also NAI Hiffman.
Currently offered for sale and for lease, 4800 & 4850 S. Kilbourn Avenue presents a compelling opportunity for both owner-users and investors. As the exclusive brokerage representative, Cawley CRE is actively marketing the remaining 138,898 square feet across the two-building complex. Situated on 8.58 acres and located within one mile of two I-55 interchanges, the property offers a rare combination of scale and flexibility for industrial and manufacturing users. Notable features include four overhead bridge cranes, substantial power capacity, and adaptable layouts capable of supporting a wide range of operational requirements.
The campus also benefits from exceptional transportation access, including proximity to Chicago Midway International Airport, immediate connectivity to I-55, nearby CTA transit options, and multiple intermodal rail yards, all supported by a deep and established labor pool.
