South I-55 Corridor

Chicago - IL USA - Industrial Submarket

Industrial real estate intelligence for the South I-55 Corridor submarket. 104.5M SF of inventory with 5.7% vacancy. Data sourced from various MLS platforms.

104.5MSF

Inventory

13.6MSF

Available

5.7%

Vacancy

12.9%

Availability Rate

$9.07

Asking Rent

5.0%

Rent Growth

328KSF

12mo Absorption

439KSF

Under Construction

Market Metrics

12mo Delivered

1.0M SF

Under Constr % of Inv

0.4%%

Sale Price/SF

$114

Cap Rate

7.6%%

12mo Sales Volume

$317,585,104

Sales Vol Growth

-29.9%

Asset Value

$11,940,735,358

Net Absorption

+328K SF

Recent DC Sales in Market

Property	Price	SF	Buyer
Peraton	$46.3M	195,965	Buyer 1 Altum Digital Infrastructure \| Buyer 2 Igneo Infrastructure Partners
Lincoln Rackhouse Aurora Data Center	$17.3M	70,000	US Signal
3199 Pilot Knob Rd	$10.0M	248,482	Swervo Development Corporation
Fort Worth Data Center/DFW1	-	133,298	CSquare
4202 Fidelity St	-	425,720	Industrial Realty Group, LLC

Available DC Space in Market

Property	Avail SF	Rent	Owner
Four Overlook Point	863,403	$21.87 - 26.73 (Est.)	Woodcrest Capital LLC
CityPlex Towers 20, 30, & 60	350,444	$14.00 - 19.00	Oral Roberts University
1300 S 7th St	17,740	$5.34 - 15.12	Vance Kemege
McHenry Corporate Center IV	42,811	$6.00 - 12.50	Gold Drop
Omnis Data Center	15,070	$21.00	Omnis Network, LLC

Data Centre Development Potential

Moderate vacancy (5.7%) in South I-55 Corridor suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 439K SF indicates developer confidence in the submarket. Positive net absorption of 328K SF over the past 12 months signals healthy demand fundamentals.