How much does it cost to rent industrial space in Chicago?

Are industrial space rents likely to increase in Chicago?

What are the benefits of leasing industrial space in Chicago?

There are several popular neighborhoods in Chicago to lease industrial space, depending on the specific needs of the business. Some of the most sought-after neighborhoods include:

• Bridgeport: Located on the city's South Side, Bridgeport is a popular industrial area that is home to a variety of manufacturing, warehousing, and distribution facilities. The neighborhood is well-connected to major highways and has easy access to downtown Chicago. 
• Pilsen: Pilsen is a diverse neighborhood located on the city's Lower West Side that has become increasingly popular with artists and entrepreneurs. The neighborhood has a mix of industrial and residential properties and is home to several industrial parks and creative spaces. 
• West Loop: The West Loop is a trendy neighborhood located just west of downtown Chicago that has experienced significant redevelopment in recent years. The area is home to several new mixed-use developments and creative spaces that are popular with tech companies and startups. 
• Ravenswood: Ravenswood is a neighborhood located on the city's North Side that is home to a variety of industrial and manufacturing businesses. The area has several industrial parks and is well-connected to major highways and public transportation. 
• Logan Square: Logan Square is a vibrant neighborhood located on the city's Northwest Side that has become increasingly popular with young professionals and creatives. The area has a mix of industrial and residential properties and is home to several creative spaces and coworking facilities.
• O’Hare: Surrounding Chicago’s O’Hare International Airport, the O’Hare submarket has recorded substantial activity and growth of the last several years. The area benefits from its proximity to the airport and major area roadways. Major industrial hubs within the submarket are Elk Grove Village, Bensenville, Des Plaines and Itasca.   
• I-55 & I-80 Corridors: Situated along Interstate 55, the I-55 corridor is known for its modern big-box industrial inventory. Key areas within the submarket include Bolingbrook, Romeoville and Woodridge. To the south, along Interstate 80, the I-80 corridor is known for its modern big-box industrial inventory. Key areas within the submarket include Joliet, Tinley Park and University Park.  
• SE Wisconsin: Located just across the Illinois-Wisconsin border, the Southeast Wisconsin submarket has reported significant growth over the last several years. This submarket encompasses communities located within the Kenosha and Racine Counties.