Chicago Warehouse Space for Rent
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Renting Warehouse Space in Chicago
TenantBase data reveals that Chicago’s industrial space seekers lean heavily toward shorter leases, with 50.6% preferring terms of three years or less. This trend reflects the needs of local distribution operators, e-commerce players, and manufacturers navigating demand variability and cost structures.
However, a significant segment—30.8%—opt for 3–5 year leases, and 12% commit to 5+ year terms. These longer durations are likely tied to regional distribution hubs that require stability for capital-heavy operations such as fulfillment and logistics.
Des Plaines, Elk Grove Village, and the Northwest Suburbs are among the most in-demand submarkets for industrial users. Their proximity to O’Hare International Airport and major freight routes enhances their strategic value for both local and national distribution networks.
This lease term diversity confirms that Chicago supports a wide range of industrial needs—from high-turnover, last-mile operations to large-scale distribution requiring long-term facility investment.
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Suite Rates in Chicago
Suite Sizes in Chicago
Neighborhood Comparison
| Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
|---|---|---|---|
| Aurora | 26,000 | $0.42 / SF | 38 |
| Bolingbrook | 24,000 | $0.90 / SF | < 30 |
| Boystown | - | - | < 30 |
| Central Loop | 1,200 | $2.42 / SF | < 30 |
| Chinatown | 26,000 | - | < 30 |
| Cicero | 17,000 | $0.57 / SF | < 30 |
| Darien | 7,100 | $1.09 / SF | 91 |
| Des Plaines | 3,300 | $0.75 / SF | 30 |
| Downers Grove | 5,600 | $1.00 / SF | < 30 |
| East Loop | 1,000 | $2.58 / SF | 91 |
| East-West Corridor | 3,700 | $1.14 / SF | 38 |
| Elgin | 13,000 | $0.89 / SF | < 30 |
| Elk Grove Village | 5,700 | $0.91 / SF | 198 |
| Evanston | 900 | $1.71 / SF | 47 |
| Fulton Market | 4,200 | $1.79 / SF | 56 |
| Glen Ellyn | 5,300 | $1.16 / SF | < 30 |
| Goose Island | 17,000 | $2.42 / SF | < 30 |
| Joliet | 12,000 | $0.83 / SF | < 30 |
| Lake View East | 5,000 | $1.70 / SF | < 30 |
| Lake Zurich | 2,700 | $0.60 / SF | < 30 |
| Lincoln Park | - | - | < 30 |
| Little Italy | 22,000 | - | < 30 |
| Magnificent Mile | 6,800 | $2.42 / SF | < 30 |
| McKinley Park | 4,500 | $1.12 / SF | 54 |
| Mokena | 10,000 | $0.99 / SF | < 30 |
| Mount Prospect | 3,000 | $0.80 / SF | 71 |
| Naperville | 2,900 | $1.14 / SF | 50 |
| New East Side | 1,300 | $2.53 / SF | 117 |
| Niles | 3,200 | $1.27 / SF | 102 |
| North Michigan Ave | 4,400 | $1.58 / SF | < 30 |
| North West Suburbs | 4,400 | $1.12 / SF | 104 |
| O'Hare | 8,300 | $1.20 / SF | 151 |
| Oak Lawn | 25,000 | - | < 30 |
| Oak Park | - | - | < 30 |
| Old Town | - | - | < 30 |
| Orland Park | 8,600 | $1.00 / SF | < 30 |
| Plainfield | 25,000 | $1.21 / SF | 31 |
| Ranch Triangle | - | - | < 30 |
| River North | 1,300 | $2.38 / SF | 66 |
| Rockford | 2,600 | $0.88 / SF | < 30 |
| Romeoville | 20,000 | $0.93 / SF | 59 |
| Rosemont | - | - | < 30 |
| Schaumburg | 5,100 | $1.30 / SF | 36 |
| Shorewood | 19,000 | $0.66 / SF | 37 |
| Streamwood | 4,400 | $1.17 / SF | 61 |
| Streeterville | 400 | $2.37 / SF | 44 |
| University Village | 22,000 | - | < 30 |
| Uptown | 22,000 | - | < 30 |
| West Loop | 200 | $2.60 / SF | < 30 |
| Western Suburbs | 7,900 | $0.96 / SF | 280 |
| Westmont | 14,000 | $0.97 / SF | < 30 |
| Wheaton | 10,000 | $0.97 / SF | 59 |
| Woodridge | 3,600 | $1.08 / SF | 32 |
*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.