Chicago, IL Manufacturing Properties for Lease
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Chicago, IL Manufacturing properties Lease Rates & Market Statistics
Browse 29 Manufacturing properties for lease in Chicago, IL on Realmo, a commercial real estate marketplace serving the Chicago area. The current inventory totals 1,379,053 square feet of properties — an average of ~47,550 SF per listing.
Asking lease rates for Manufacturing properties in Chicago start at $10 SF/Yr, average $12 SF/Yr, and reach $14 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $12 SF/Yr is 11% above the Illinois state average of $10.79 SF/Yr.
Chicago accounts for 51% of the 57 manufacturing properties currently available across Cook County, where nearby markets include Elk Grove Village and Bedford Park. Manufacturing properties make up 11% of the 265 Industrial properties currently for lease in Chicago, with asking rates averaging $12 SF/Yr — 24% below the citywide Industrial properties average of $15.87 SF/Yr. Also worth a look for tenants weighing alternatives: Flex space (142 listings) and Other industrial properties (62 listings) elsewhere in the Chicago market.
