Chicago, a global hub for commerce, technology, and culture, offers an ideal setting for Industrial Space For Lease. With its strategic location on the southwestern shores of Lake Michigan, the city provides unparalleled access to major transportation facilities, including O'Hare International Airport and Midway International Airport, as well as a comprehensive transit system. The city's diverse economy, with no single industry dominating the workforce, creates a thriving environment for businesses to flourish. Chicago is home to numerous Fortune 500 companies, including Boeing, Abbott Laboratories, and McDonald's, and is renowned for its contributions to urban planning, architecture, and cultural institutions, making it a major destination for tourism. The city's many amenities, such as over 570 parks, world-class conservatories, and recreational spaces like Millennium Park, further enhance its appeal.
Industrial Space For Lease in Chicago offers a unique opportunity to tap into the city's vibrant economy. With 219 listings available, businesses can find the perfect space to suit their needs. The average annual rent per square foot is $11 USD, and the average size of available spaces is 54,200 square feet, with a maximum space size of 1,184,800 square feet. In addition to Industrial Space, Chicago also offers a range of other property types, including Flex Space, which provides a versatile and adaptable environment for businesses; Commercial Real Estate, which offers a prime location for retail and office spaces; Land, which provides a blank canvas for development; and Restaurants, which offer a unique opportunity to tap into the city's thriving food scene. With its diverse economy, rich cultural heritage, and unparalleled amenities, Chicago is an ideal location for businesses looking to establish or expand their operations.
What is the average size of industrial space for lease in the Chicago market?
The average size of industrial space for lease in the Chicago market is 54,200 square feet, with a total of 219 available listings, and a maximum space size of 1,184,800 square feet.
What do I need to look for when leasing an industrial space in Chicago?
When leasing an industrial space in Chicago, there are several key factors to consider to ensure you find the right property for your business needs.
- Location is crucial, with proximity to transportation hubs like O'Hare International Airport, Midway International Airport, and the Union Station, as well as access to major highways like I-55, I-57, and I-90, being highly desirable.
- You'll want to consider the size and layout of the space, with the average size of industrial spaces in Chicago being 54,200 square feet and maximum space sizes reaching up to 1,184,800 square feet.
- Additionally, you'll need to factor in the cost, with the average annual rent per square foot in Chicago being $11 USD, and amenities like loading docks, cranes, and office space, which can impact the overall cost and functionality of the space.
