West Cook North
Chicago - IL USA - Industrial Submarket
Industrial real estate intelligence for the West Cook North submarket. 62.1M SF of inventory with 5.5% vacancy. Data sourced from various MLS platforms.
62.1MSF
Inventory
5.4MSF
Available
5.5%
Vacancy
8.6%
Availability Rate
$10.07
Asking Rent
4.0%
Rent Growth
381KSF
12mo Absorption
250KSF
Under Construction
Market Metrics
12mo Delivered
100K SF
Under Constr % of Inv
0.4%%
Sale Price/SF
$104
Cap Rate
8.0%%
12mo Sales Volume
$109,318,425
Sales Vol Growth
-28.6%
Asset Value
$6,509,486,522
Net Absorption
+381K SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| Lincoln Rackhouse Aurora Data Center | $17.3M | 70,000 | US Signal |
| 201 Centennial Ave | $11.0M | 64,698 | Chirisa Technology Parks |
| 8425 N 114th St | $2.6M | 232,663 | |
| Fort Worth Data Center/DFW1 | - | 133,298 | CSquare |
| Houston One | - | 118,248 | Safanad |
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 |
| 1800 NW 69th Ave | 37,500 | $15.50 | AccuPlace |
Data Centre Development Potential
Moderate vacancy (5.5%) in West Cook North suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 250K SF indicates developer confidence in the submarket. Positive net absorption of 381K SF over the past 12 months signals healthy demand fundamentals.
Other Submarkets in Chicago - IL USA
Evaluating West Cook North for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.