FlexIndustrial in Chicago, IL — Sale in Chicago, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Chicago, IL 60607

Photos

FlexIndustrial in Chicago, IL — Sale in Chicago, IL, photo 1 of 2
FlexIndustrial in Chicago, IL — Sale in Chicago, IL, photo 2 of 2

Description

+/- 27,375 SF on 0.57 AC | Near South Loop Chicago CBRE, Inc. is pleased to present the opportunity to purchase +/- 27,375 SF on 0.57 AC in the South Loop neighborhood of Chicago. This property includes a fully functioning 2-story education/office/R&D facility (former University of Illinois Chicago Chemical Engineering Building) and an on site, off street parking lot at the SWC of Clinton & Polk. The building features adaptable laboratory infrastructure, encompassing structural, mechanical, electrical, and water systems.

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.

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