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More Information
- Core: Occupancy is greater than or equal to 90% at time of sale
- Value-Add: Occupancy is greater than or equal to 60% and less than 90% at time of sale
- Opportunistic: Occupancy is less than 60% at time of sale
- Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building
- Selected
0 Chicago Distressed Industrial Properties for Sale
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BUY NW Complete BUY NW Under Contract BUY NW Contract Pending BUY NW AVAILABLE Auction OnAuction In Progress | Ends Today at Auction In Progress | Ends Tomorrow at Auction In Progress | Ends at Auction Complete | Ended Auction Complete Auction On36d :05h :51m:53s- Excellent customer base and visibility
- Stable NOI and NNN leases for a robust ROI
- Starting bid $250,000
38d :05h :51m:53sProj Cap Rate:0 Current Bid Starting Bid 50000 Bid IncrementProjected Cap Rate 0 Current Bid Starting Bid 50000 Bid IncrementEnded- Excellent customer base and visibility
- Stable NOI and NNN leases for a robust ROI
- Starting bid $250,000
Ended -

- $7,052,640
- Built in 1975
- 4 AC Lot
- Capitalize on a flexible warehouse building opportunity with abundant parking and storage and convenience to major transportation routes.
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Market Overview
In Chicago, industrial properties for sale are averaging a cap rate of. The city's average cap rate moved in the opposite direction from the state over the first three quarters of 2026, rising +45 bps from 7.60% in Q1 2026 to 8.05% by Q3 2026, while Illinois as a whole held nearly flat at around 8.41% in Q1 2026 and 8.32% in Q3 2026.
- The average price per square foot for Chicago industrial properties for sale is currently , and the city has consistently priced above the state average, which ranged from $130 to $134 per square foot across the same period, compared to Chicago's range of $146 to $173 per square foot.
- Active listings in Chicago fell gradually from 195 in Q1 2026 to 182 by Q3 2026, a steady contraction in available inventory over that span, while Illinois-wide listings held relatively flat between 765 and 799 over the same period.
- The average size of Chicago industrial properties for sale is currently , and the average trended downward across the tracked months, moving from 51,513 square feet in Q1 2026 to 40,203 square feet in Q3 2026, with the largest available property currently reaching.
EXPLORE THE FULL MARKET
For a broader view of pricing, inventory, and trends across this location, visit the Chicago commercial real estate market page.
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