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)
Characteristic
Rent per square foot in U.S. dollars
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Colliers International. (May 8, 2024). Average rent for warehouse distribution space in Chicago, Illinois, from 2017 to 2024 (in U.S. dollars per square foot) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1469319/warehouse-distribution-real-estate-rent-greater-chicago/
Colliers International. "Average rent for warehouse distribution space in Chicago, Illinois, from 2017 to 2024 (in U.S. dollars per square foot)." Chart. May 8, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1469319/warehouse-distribution-real-estate-rent-greater-chicago/
Colliers International. (2024). Average rent for warehouse distribution space in Chicago, Illinois, from 2017 to 2024 (in U.S. dollars per square foot). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1469319/warehouse-distribution-real-estate-rent-greater-chicago/
Colliers International. "Average Rent for Warehouse Distribution Space in Chicago, Illinois, from 2017 to 2024 (in U.S. Dollars per Square Foot)." Statista, Statista Inc., 8 May 2024, https://www.statista.com/statistics/1469319/warehouse-distribution-real-estate-rent-greater-chicago/
Colliers International, Average rent for warehouse distribution space in Chicago, Illinois, from 2017 to 2024 (in U.S. dollars per square foot) Statista, https://www.statista.com/statistics/1469319/warehouse-distribution-real-estate-rent-greater-chicago/ (last visited August 24, 2024)
Average rent for warehouse distribution space in Chicago, Illinois, from 2017 to 2024 (in U.S. dollars per square foot) [Graph], Colliers International, May 8, 2024. [Online]. Available: https://www.statista.com/statistics/1469319/warehouse-distribution-real-estate-rent-greater-chicago/