South Lake County

Chicago - IL USA - Industrial Submarket

Industrial real estate intelligence for the South Lake County submarket. 48.9M SF of inventory with 5.6% vacancy. Data sourced from various MLS platforms.

48.9MSF

Inventory

4.1MSF

Available

5.6%

Vacancy

8.3%

Availability Rate

$11.32

Asking Rent

3.7%

Rent Growth

367KSF

12mo Absorption

0SF

Under Construction

Market Metrics

12mo Delivered

430K SF

Under Constr % of Inv

0.0%%

Sale Price/SF

$109

Cap Rate

8.5%%

12mo Sales Volume

$247,649,359

Sales Vol Growth

-9.7%

Asset Value

$5,351,313,262

Net Absorption

+367K 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 (5.6%) in South Lake County suggests a balanced market with selective opportunities for data centre conversion or development. Positive net absorption of 367K SF over the past 12 months signals healthy demand fundamentals.