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Chicago Warehouses for Sale
Warehouses For Sale in Chicago
Chicago, Illinois, is known for its comprehensive infrastructure, strategic location, and strong educational system, making it an attractive place for commercial real estate investing. With a population of about 2.7 million and its role as a key part of the nation's transportation network, there is a large demand for logistical and storage solutions. O'Hare International Airport and the city's position as the central railroad hub in the United States highlight the strategic benefits warehouses here have. The close locations to well-known universities such as the University of Chicago and Northwestern University provide access to a highly educated workforce, improving the operations for these properties.
Industrial properties are another vital part of Chicago's real estate scene, offering opportunities for manufacturing and heavy storage solutions. Land listings give investors a chance to develop custom commercial projects or expand existing facilities. Residential income homes and commercial real estate. in Chicago add to the investment options, providing opportunities for those interested in the city's housing market and commercial spaces. With its strategic location, solid infrastructure, and varied economic activities, warehouses and other property types in Chicago offer valuable chances for investors and businesses.
Learn About Warehouses For Sale in Chicago
How many warehouses for sale listings are available in Chicago?
100 warehouses for sale listings are currently available in Chicago.
What factors should I consider when searching for warehouses for sale in Chicago?
When looking for warehouses for sale in Chicago, it's important to consider how the property aligns with your needs and objectives. Here are key factors to evaluate:
- The economic landscape of Chicago, including its diversified economy, can impact the demand for warehouse space and its profitability.
- Proximity to key infrastructure like O'Hare International Airport and the city's extensive network of roads and expressways, which can enhance logistical operations.
- The local market and competition, given that Chicago's diverse economy supports a wide range of industries, understanding your potential market share and competition is crucial.
How much does it cost to buy a warehouse in Chicago?
The cost to buy a warehouse in Chicago varies, with current offerings to suit a range of budgets. The average price per square foot for warehouses is $109, with an average size of 37,524 SF.
What is the largest warehouse available to buy in Chicago?
The largest warehouse available for purchase in Chicago spans 362,600 SF.
Size Summary For Chicago Warehouses
| Warehouse Size | Square Feet |
|---|---|
| Maximum | 362,600 SF |
| Average | 37,524 SF |
| Minimum | 1,800 SF |
Cap Rate for Chicago Warehouses
| Warehouse Cap Rate | Cap Rate Percentage |
|---|---|
| Maximum | 9.02% |
| Average | 7.06% |
| Minimum | 3% |
Prices for Chicago Warehouses
| Warehouse Price | Price Per SF |
|---|---|
| Maximum | $579 Per SF |
| Average | $109 Per SF |
| Minimum | $9 Per SF |
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