Chicago, IL Industrial Properties for Lease
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Chicago, IL Industrial properties Lease Rates & Market Statistics
Browse 246 Industrial properties for lease in Chicago, IL on Realmo, a commercial real estate marketplace serving the Chicago area. The current inventory totals 12,580,733 square feet of properties — an average of ~51,150 SF per listing.
Asking lease rates for Industrial properties in Chicago start at $5.95 SF/Yr, average $16.13 SF/Yr, and reach $33 SF/Yr at the top of the market. That's a 6x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $16.13 SF/Yr is 15% above the Illinois state average of $14.02 SF/Yr.
Chicago accounts for 44% of the 557 industrial properties currently available across Cook County, where nearby markets include Elk Grove Village and Des Plaines. By space type, the market includes 127 flex space listings, 62 other industrial properties and 30 manufacturing properties — other industrial properties typically offer the lowest entry point, while flex space commands the highest rates.