Chicago, IL Industrial & Warehouse Space for Rent
Search 162 warehouse and industrial listings in Chicago, IL and find helpful local stats in the Market Overview section below.
The average asking rent for industrial space in Chicago is $13.31 per square foot. However, there are various types of this kind of property on the market. Depending on location and any number of unique attributes, listings may offer different levels of accessibility and amenities, space size, and other factors that can influence leasing costs. In general, the quality rating of the property (also known as property class or building class) plays the most important part in how much a leasing opportunity asks for.
Typically, commercial property is developed under special zoning allowances. Compared to other commercial property types, industrial real estate tends to be more separated from densely populated areas of a city. Ideally, that is both in the interest of the property beneficiaries and of the neighboring communities. However, some developments of this type are well suited to house community-friendly activities and essential services, so there can be exceptions based on property use.
In Chicago, you’ll find the highest number of warehouse or other industrial spaces for rent in Avondale.
Properties of this type provide a wide array of solutions for various business needs. The most frequent use types (or property subtypes) you are likely to encounter are: warehouse, manufacturing, and flex industrial space.
Warehouses address storage and distribution needs and typically feature high ceilings, large floors, numerous loading docks, and climate control systems. In Chicago, you can currently find 78 warehouse space(s) listed for rent.
Manufacturing facilities generally feature high-power electrical outlets, specialized ventilation systems, and heavy-duty flooring. Currently, you can find 13 manufacturing space listing(s) for rent in Chicago.
Flex space seeks to accommodate multiple property uses and is designed to be easily adaptable to the changing needs of growing clients. Flex properties are designed to be easily adaptable to the changing needs of growing clients. For your consideration, the local market currently offers 17 flex space listing(s).
The most common size for warehouse space in Chicago is less than 100,000 sqft. Currently, the local market offers 199 listing(s) in that size range.
Warehouse space available for rent in Chicago ranges in size from 450 square feet to 1,840,850 square feet.
The size of the warehouse you should be looking to rent will, of course, depend on your specific needs: you might be looking for the capacity to store large-volume goods, or items that perhaps require cold-storage or some other specific solutions. Reach out to property representatives in the area for details on what each available listing can offer to best accommodate your business.
199
less than 100,000 sqft
This facility previously traded for $27 million.
The largest transaction involves a New Jersey asset.
This facility will come online next year.
Venture One purchased the asset through one of its investment funds.
Seefried Industrial Properties developed the asset, which is now fully occupied.
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