Industrial Properties in Chicago | Reonomy

Industrial Properties in Chicago

Unlock property data on 12,367 industrial properties in Chicago. Search through Chicago property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Reonomy attracts a large community of Chicago commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in industrial properties.

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Chicago industrial property sold prices and values

Values and sold prices (last 24 months) United States Illinois Chicago
Average price/sqft $905 $17,958 $18,122
Average sold price $3,287,392 $4,169,584 $5,435,469
Median sold price $481,712 $780,911 $1,498,500
Number of sales 49,708 2,925 724
Number of sales over $250k 31,883 2,202 649
Number of sales over $1m 17,575 1,295 422
Number of sales over $10m 2,932 303 111
Average total tax amount $23,655 $41,858 $28,608
Average assessed value $1,012,258 $272,217 $128,830
Average market value $1,280,468 $897,711 $503,410

Chicago industrial property property averages

Property averages United States Illinois Chicago
Average lot size 387,227 sf 191,271 sf 43,911 sf
Median lot size 45,353 sf 37,186 sf 6,466 sf
Average building area 3,117 sf 298 sf 125 sf
Median building area 35 sf 44 sf 35 sf
Median year built 1980 1975 1961
Average number of units 9 11 8
Median number of units -- 3 --

Chicago industrial property total supply

Supply United States Illinois Chicago
Number of parcels 1,184,233 65,514 12,372
Aggregate lot acerage 13,180,028 182,651 10,328
Aggregate building area 1,174,109,124 sf 3,424,666 sf 509,080 sf
Aggregate units 1,591,232 28,057 2,237

Chicago industrial property industrial mortgages

Debt United States Illinois Chicago
Number of mortgages 1,542,946 118,957 28,645
Average value of mortgages $15,832,923 $28,313,639 $21,661,627

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