Average rent per square foot of warehouse space in Chicago, U.S. 2017-2024

Published by Statista Research Department, Jul 8, 2024

The average rent for warehouse distribution use in the Chicago area experienced a significant increase between 2017 and the first quarter of 2024. It increased from 5.13 U.S. dollars in 2017 per square foot to 7.27 U.S. dollars in the first quarter of 2024. That was slightly lower than the average warehouse rent in the United States. 

Average rent for warehouse distribution space in Chicago, Illinois, from 2017 to 2024 (in U.S. dollars per square foot)

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Release date

May 2024

Region

United States

Survey time period

2017 to 2024

Special properties

as of Q4 of each year except for 2024

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