3500 S. Racine — Sale in Chicago, IL
- Price: $10.5M
- Listing type: For sale
- Asset type: Industrial Property
- Location: Chicago, IL 60609
- Size: 69,700 SF
- Year built: 1951
Photos
Investment Figures
- Price per square foot
- $150
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Jones Lang LaSalle Americas (Illinois), L.P. ("JLL"), has been engaged as the exclusive sales representative by the owner of 3500 S. Racine, Chicago, IL (the “Property”) to market for sale the fee simple interest (the “Offering”). 3500 S. Racine is located in PMD-8 (Subarea-A) | Stockyards Industrial Corridor in Chicago’s Bridgeport neighborhood along Bubbly Creek. Chicago PMD’s (Planned Manufacturing Districts) are intended to foster the city’s industrial base and strengthen existing manufacturing areas.
Market Context
This industrial in Chicago, IL is listed for sale at $10,460,000 across 69,700 SF. The building dates to 1951. Compare it against other industrial listings for sale in Chicago, IL — view the full market.
As of Q2 2026, the Chicago industrial market showed a 5.3% vacancy rate, and rents up 7.4% year over year. Source: multiple brokerage reports, Q2 2026.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Industrial market FAQ
- Is the Chicago industrial market tightening or softening?
- Vacancy is around 5.3%, with asking rents rising year over year (Q2 2026).
Estimated Price per SF
$36.69/SF – $266.83/SF
Mid: $111.18/SF
Estimated price for 69,700 SF: $7,749,246 (range $2,557,293 – $18,598,051)
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Dan Reynolds · 3122282437 · dans.reynolds@jll.com
Explore this market
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