West Suburbs
Chicago - IL USA - Industrial Submarket
Industrial real estate intelligence for the West Suburbs submarket. 42.9M SF of inventory with 3.7% vacancy. Data sourced from various MLS platforms.
42.9MSF
Inventory
2.9MSF
Available
3.7%
Vacancy
6.8%
Availability Rate
$11.70
Asking Rent
3.9%
Rent Growth
-184,887SF
12mo Absorption
244KSF
Under Construction
Market Metrics
12mo Delivered
16K SF
Under Constr % of Inv
0.6%%
Sale Price/SF
$135
Cap Rate
7.8%%
12mo Sales Volume
$196,176,500
Sales Vol Growth
-25.9%
Asset Value
$5,802,406,416
Net Absorption
-184,887 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 (3.7%) in West Suburbs suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 244K SF indicates developer confidence in the submarket. Negative absorption of 185K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.
Other Submarkets in Chicago - IL USA
Evaluating West Suburbs 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.