North Kane/I-90

Chicago - IL USA - Industrial Submarket

Industrial real estate intelligence for the North Kane/I-90 submarket. 49.7M SF of inventory with 4.8% vacancy. Data sourced from various MLS platforms.

49.7MSF

Inventory

3.2MSF

Available

4.8%

Vacancy

6.3%

Availability Rate

$10.48

Asking Rent

4.5%

Rent Growth

860KSF

12mo Absorption

757KSF

Under Construction

Market Metrics

12mo Delivered

180K SF

Under Constr % of Inv

1.5%%

Sale Price/SF

$101

Cap Rate

8.3%%

12mo Sales Volume

$426,238,460

Sales Vol Growth

137.0%

Asset Value

$5,115,505,489

Net Absorption

+860K SF

Recent DC Sales in Market

Property	Price	SF	Buyer
SFO1	$119.3M	26,900	Buyer 1 Altum Digital Infrastructure \| Buyer 2 Igneo Infrastructure Partners
Lincoln Rackhouse Aurora Data Center	$17.3M	70,000	US Signal
4495 Low Latency Ln	-	200,000	-
4495 Low Latency Ln	-	200,000	-
8425 N 114th St	$2.6M	232,663	Google

Available DC Space in Market

Property	Avail SF	Rent	Owner
Four Overlook Point	863,403	$21.87 - 26.73 (Est.)	Woodcrest Capital LLC
Building D	20,678	$10.86 - 13.27 (Est.)	Entrada Partners
1300 S 7th St	17,740	$5.34 - 15.12	Vance Kemege
The Falchi Building	272,217	$23.00	Savanna Real Estate Fund
McHenry Corporate Center IV	42,811	$6.00 - 12.50	Gold Drop

Data Centre Development Potential

Moderate vacancy (4.8%) in North Kane/I-90 suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 757K SF indicates developer confidence in the submarket. Positive net absorption of 860K SF over the past 12 months signals healthy demand fundamentals.