Chicago
Major interconnection hub and financial services data centre market. Strong fiber connectivity to both coasts.
750MW
Total Capacity
95
Active Facilities
5.1%
Vacancy Rate
$0.072/kWh
Power Cost
800MW
Pipeline
4/10
Regulatory Risk
$180K/acre
Land Cost
14mo
Permit Timeline
Capacity Growth Trend
+800 MW pipelineMarket Highlights
- Key financial trading infrastructure
- Central US interconnection point
- Steady enterprise demand
30%
Renewable Energy
145 MW
Annual Absorption
Market Risk Factors
Key Providers
Top Facilities (10 tracked)
| Facility |
|---|
| CH1 |
| CH2 |
| CH3 |
| CH4 |
| DLR Chicago |
| CH1 |
| DataBank Chicago |
| NTT Chicago |
| QTS Chicago |
| Aligned Chicago |
View all 1,138 facilities in our global directory.
Recent Deals
PowerHouse Joliet Technology Center - 1.8GW campus
PowerHouse and Hillwood announced the $20B Joliet Technology Center, a 795-acre campus with 24 buildings delivering 1,800 MW.
Meta $10B Indiana campus - 1,000 MW
Meta announced a $10 billion, 1,000 MW data centre campus in Lebanon, Indiana, its second major facility in the state.
Microsoft $13B Wisconsin campus - former Foxconn site
Microsoft announced 15 new data centres at the former Foxconn site in Mount Pleasant, Wisconsin, representing a $13 billion investment.
Csquare acquires 10 North American data centres
Brookfield's Csquare acquired 10 colocation facilities across North America for $1 billion, spanning Boston, Minneapolis, Dallas, Nashville, Raleigh, Toronto, and Montreal.
Nebius 800MW campus - Independence, Missouri
Nebius broke ground on an 800 MW data centre campus in Independence, Missouri covering 400 acres, creating 1,300 construction jobs.
CoStar Market Data
Recent Sales (5 in market)
| Property | Price | SF | Date |
|---|---|---|---|
| Lincoln Rackhouse Aurora Data Center | $17.3M | 70,000 | 01/27/2026 |
| CHI1/ Skybox Chicago I | $439.7M | 189,240 | 11/26/2024 |
| Demolished Property | $13.0M | 62,402 | 07/24/2024 |
| CH3 | - | 305,000 | 04/18/2024 |
| CH2 | - | 336,000 | 04/18/2024 |
Available Space (5 properties)
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| Four Overlook Point | 863,403 | $21.87 - 26.73 (Est.) | Woodcrest Capital LLC |
| 1300 S 7th St | 17,740 | $5.34 - 15.12 | Vance Kemege |
| McHenry Corporate Center IV | 42,811 | $6.00 - 12.50 | Gold Drop |
| 909 E Orchard St | 31,640 | $9.95 - 15.00 | Fidelity National Financial, Inc. |
| Southgate Commerce Center | 137,609 | $5.92 - 7.24 (Est.) | Treetop Development |
Interested in Chicago?
Luke Tatman and our advisory team provide market-specific intelligence, site selection support, and transaction guidance.
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