Industrial in Chicago, IL — Sale in Chicago, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Industrial Property
- Location: Chicago, IL 60607
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Description
78,248 SF Industrial/Flex/Storage/Office Building in Fulton Market West Built in the iconic Chicago brick style, the Property has 4 floors and a full basement with roughly 16,000 SF available per floor. The Property has Ogden frontage plus window lines facing Downtown and Fulton Market, allowing for abundant natural light. Zoned PMD-4, the property allows for a wide range of commercial, retail, and industrial uses, and its location on Ogden Avenue provides excellent visibility and accessibility. While rents are currently below market, this presents a significant value-add opportunity for an owner-occupier to tailor the space to their specific needs and benefit from future rent increases. Perfectly suited for a self-storage owner/user, the Property is nestled among several existing and proposed multi-family developments, averaging 300+ units per project. Notably, the upcoming 1901 Project at the United Center promises to bring an influx of residents and businesses in the area.
Market Context
This industrial in Chicago, IL is listed for sale. 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
$52.81/SF – $384.10/SF
Mid: $160.04/SF
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Matt Cowie · 312 334 7203 · matt.cowie@cbre.com
- Dominic Soltero · +1 913 909 9529 · dominic.soltero@cbre.com
- John Marks · 312 334 7204 · john.marks@cbre.com
- Tom Svoboda · 312 935 1481 · tom.svoboda@cbre.com
- Larry Goldwasser, SIOR · 312 334 7201 · larry.goldwasser@cbre.com
- Michelle Maguire · 312 334 7196 · michelle.maguire@cbre.com
Explore this market
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