Karis

Chicago, IL-Ashland Cold

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1556 West 43rd Street, Chicago IL

Ashland Cold is a flexible freezer/cooler facility located at 1556 W. 43rd Street in Chicago, Illinois, offering 81,919 to 224,878 square feet of industrial space, including 192,942 square feet of temperature-controlled freezer and cooler area. The property features 18 exterior docks, 24’ and 33’ clear heights, and on-site parking for both auto and trailer storage, making it well suited for urban cold storage and food distribution users. Significant capital upgrades were completed in 2025, with additional improvements underway, positioning the asset as a modernized, well-located cold storage solution within Chicago’s PMD 8 district.

Project Status

Move In Ready

Storage Type

Freezer / Cooler

Availability

Available

Building Size

224,878 SF

Lot Size

6.81 Acres

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Strategic Advantages

This 224,878 SF cold-storage facility includes approximately 192,942 SF of freezer/cooler space and 11,287 SF of office space, providing exceptional capacity for food-grade storage and distribution. The building features 18 exterior docks, 86 trailer parking spaces, and ceiling heights ranging from 24' to 33', making it ideal for high-volume operations.

Designed for maximum flexibility, the property accommodates both single-tenant and multi-tenant users. The facility features deep-freeze capability down to -25°F, a 40,000 lb ammonia refrigeration system, glycol floors, USDA and tempering rooms, and convertible cooler/freezer space to support a wide range of cold-chain operations.

Built for efficient logistics, the property offers 18 loading docks, 86 car parking spaces, 7 trailer parking positions, and floor drains throughout USDA and tempering rooms. Significant capital improvements totaling more than $4.5 million since 2021 have enhanced the facility's operational efficiency and long-term reliability.

Located in Chicago's historic Stockyards Industrial Corridor, the property provides immediate access to I-90/94, I-55, and the CTA Orange Line, with convenient connections to Midway International Airport and the region's extensive transportation network. Its location places users at the center of one of the nation's strongest food production and logistics markets.

The surrounding market offers access to a large, skilled labor force with expertise in food production, logistics, and cold-chain distribution. Approximately 66% of the U.S. population is reachable within a one-day truck drive, while nearby rail, interstate highways, and public transit provide outstanding connectivity for employees and freight movement.

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