Buy, Sell, & Lease Industrial Space In 2025
Navigating the Chicago industrial real estate market can seem daunting, especially with its ever-changing landscape, competitive nature, and unique challenges. Whether you’re looking to buy, sell, or lease industrial space, understanding these complexities is crucial to maximizing your investment and securing the best opportunities. That’s where our expertise, carefully curated action plans, and skilled agents come into play.
With years of experience in the Chicagoland market, our team offers a distinct advantage to clients by providing data-driven insights, access to off-market deals, and an unmatched understanding of local market conditions. We aim to empower you with the right tools and support to make well-informed decisions, avoid pitfalls, and capitalize on the region’s opportunities—whether you’re planning to buy, sell, or lease industrial space in the competitive Chicagoland market.
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Why Chicagoland is a Unique Market
Chicagoland’s industrial real estate market is unlike any other in the U.S. The region’s strategic position as a transportation hub at the intersection of major highways, railroads, and airports makes it a critical center for logistics, warehousing, and manufacturing. The vast market spans multiple counties and states, each with its own set of regulations, pricing structures, and opportunities, which is important for anyone looking to buy, sell, or lease industrial space in the area.
However, this diversity also means that navigating the market comes with challenges that aren’t immediately obvious to outsiders. Whether dealing with zoning regulations in Cook County or negotiating tax incentives in Kenosha County, buyers and tenants need to understand the fine print in each locale, particularly when they plan to buy or lease industrial space.
Why Our Agents Stand Out
While having access to the right information is key, nothing compares to the personalized service our agents provide. Our team of expert agents understands the unique aspects of the Chicagoland market—from the dense industrial corridors of Cook County to the burgeoning opportunities in Lake and DuPage Counties. They can help you navigate every step of the process, whether you plan to buy industrial space, sell industrial space, or lease industrial space.
Meet Our Industrial Space Experts
As Vice President of Sales and Leasing, Gordon Lamphere J.D. guides our industrial real estate brokerage team.
Gordon’s advice is regularly featured in local and national press, and industry leaders recognize him as an industrial real estate expert.
He hosts Chicagoland’s Top Commercial Real Estate Podcast (The Real Finds Podcast) and is globally recognized for his industrial transactional and commercial real estate marketing expertise.
Our agents do more than just show you properties; they act as strategic advisors who can:
- Access off-market opportunities: Chicagoland is a highly competitive market, and many of the best properties never make it to public listings. Our agents have access to a network of sellers, developers, and landlords that allow us to source exclusive, off-market deals. This is especially advantageous when you’re looking to buy industrial space or lease industrial space in a competitive market.
- Negotiate favorable terms: In a seller’s market like Chicago’s, it’s easy for buyers or tenants to get squeezed. Our agents know how to secure flexible terms, favorable pricing, and additional perks like tenant improvement allowances, giving you an edge when you lease industrial space or buy industrial space.
- Handle zoning and regulatory challenges: Industrial transactions often involve complex zoning and permitting processes. Our agents are experienced in navigating local municipalities and can help expedite the process, saving you time and money whether you’re trying to buy industrial space or sell industrial space.
- Provide real-time market insights: Real estate markets shift quickly, especially in competitive regions like Chicago. Our agents continuously monitor market trends and local developments, ensuring that you are always making decisions based on the latest, most accurate information when you’re looking to lease industrial space, sell industrial space, or buy industrial space.
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Chicago’s Opportunities and Challenges
The Chicago industrial real estate market is full of opportunities for those who know how to seize them, but it’s also fraught with challenges that can derail even seasoned investors. The region offers proximity to major consumer markets, a skilled workforce, and one of the nation’s best transportation infrastructures. However, the high demand for space, along with zoning restrictions, varying tax rates, and regulatory complexities, makes it essential to have a knowledgeable partner on your side to buy industrial space, sell industrial space, or lease industrial space in this region.
Whether you’re looking at Cook County for its direct access to Chicago’s urban markets, DuPage County for its logistics capabilities, or even expanding northward into Wisconsin for lower taxes, our agents provide the local expertise and insider access that make all the difference for those seeking to buy, sell, or lease industrial space.
The Industrial Real Estate Boom in Chicagoland
A. Why Chicagoland is a Logistics Powerhouse
One of the primary reasons businesses flock to Chicagoland is its unmatched access to transportation and logistics networks. Situated at the crossroads of several major interstate highways, and home to O’Hare International Airport, the area serves as a major distribution center for goods moving across the country. Rail lines from major providers like Union Pacific and CSX crisscross the region, making it a haven for manufacturers, distributors, and logistics companies.
This makes Chicagoland an ideal market for those looking to buy industrial space for manufacturing or distribution purposes or lease industrial space for warehousing and logistics needs.
B. Communities That Drive Industrial Growth
Each county in Chicagoland offers distinct advantages, catering to different business needs. Below is a deeper look at the areas driving industrial real estate growth, providing excellent opportunities for businesses looking to buy industrial space, sell industrial space, or lease industrial space.
Key Areas in Chicagoland for Industrial Real Estate
A. Lake County, Illinois: A Growing Industrial Frontier
Overview: Lake County, located in the northern part of the Chicagoland region, has been expanding rapidly as businesses look to take advantage of more affordable land and access to both the Wisconsin border and Illinois’ transportation infrastructure. For those that want to buy industrial space or lease industrial space, Lake County offers excellent value.
Why Choose Lake County?
- Affordability: Prices for industrial space in Lake County are typically lower than in Cook County, making it attractive to small and midsize businesses seeking to buy industrial space or lease industrial space.
- Room for Growth: With land still available for development, it offers opportunities for new industrial projects, particularly for distribution centers looking to buy industrial space.
- Economic Development Group Affiliation: Lake County Partners
B. DuPage County: The Logistics Heartland
Overview: DuPage County is home to some of the region’s most thriving industrial markets. Proximity to O’Hare International Airport, the I-88 corridor, and major logistics hubs makes it a prime location for companies in need of fast, efficient transportation solutions. If you’re looking to buy industrial space or lease industrial space, DuPage County offers some of the best options for growth.
Why Choose DuPage County?
- Established Infrastructure: DuPage boasts excellent highway access, with key corridors feeding into Chicago and the rest of the Midwest. This makes it an attractive location for businesses wanting to lease or buy industrial space.
- Talent Pool: DuPage County offers access to a highly educated workforce, making it ideal for companies seeking to buy industrial space and establish long-term operations.
- Economic Development Group Affiliation: Choose DuPage
C. Cook County: The Urban Powerhouse
Overview: As the most populous county in the region, Cook County is the industrial heart of Chicagoland. Its proximity to Chicago’s urban core and superior infrastructure make it a magnet for large-scale industrial developments. If you’re looking to lease industrial space or buy industrial space close to the city, Cook County should be a top consideration.
Why Choose Cook County?
- Urban Market Access: Businesses in Cook County can tap into the large Chicago consumer base, making it ideal for those looking to buy industrial space or lease industrial space for warehousing or manufacturing.
- Economic Development Group Affiliation: World Business Chicago
What to Consider When Buying Industrial Property
When you’re planning to buy industrial space in Chicagoland, it’s important to consider not just the location but also factors such as:
- Zoning and regulations: Each county and municipality has specific zoning laws that can impact the types of industrial activities allowed. Make sure to review these before you buy industrial space.
- Workforce availability: Areas like DuPage County and Cook County offer a larger labor pool, especially for advanced manufacturing and technology industries, making them ideal for businesses looking to buy industrial space.
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Selling Industrial Property: How to Maximize Your Return
If you’re planning to sell industrial space in the current market, vacancy rates are low, and demand for space is at an all-time high. To capitalize on this, sellers need to:
- Improve the property’s appeal: Simple upgrades such as adding loading docks or raising ceiling heights can increase your chances of selling.
- Strategically market the property: Many of our buyers prefer off-market transactions, so if you’re looking to sell industrial space, contact our agents to reach a broader audience.
Leasing Industrial Space: Securing the Best Terms
Leasing industrial space in Chicagoland is highly competitive, especially in areas like DuPage and Cook counties. Businesses looking to lease industrial space should:
- Understand lease structures: Knowing the differences between NNN, gross, and modified gross leases is crucial to securing favorable terms.
- Negotiate for flexibility: Securing options for expansion or tenant improvements can make a big difference in long-term success when you lease industrial space.
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Conclusion: Find Your Ideal Industrial Space in Chicagoland
Whether you’re looking to buy, sell, or lease industrial space, success in the Chicagoland market requires local expertise, strategic planning, and access to the right opportunities. Download our comprehensive action plans today, or contact one of our agents to explore exclusive opportunities tailored to your needs.
Areas Our Industrial Experts Serve
Addison, IL
Algonquin, IL
Alsip, IL
Antioch, IL
Arlington Heights, IL
Aurora, IL
Barrington, IL
Bartlett, IL
Bellwood, IL
Bensenville, IL
Berkeley, IL
Berwyn, IL
Bloomingdale, IL
Blue Island, IL
Bridgeview, IL
Broadview, IL
Brookfield, IL
Buffalo Grove, IL
Burbank, IL
Calumet City, IL
Carol Stream, IL
Cary, IL
Chicago Heights, IL
Chicago Ridge, IL
Chicago, IL
Cicero, IL
Clarendon Hills, IL
Country Club Hills, IL
Crystal Lake, IL
Darien, IL
Deerfield, IL
Des Plaines, IL
Dolton, IL
Downers Grove, IL
Elk Grove Village, IL
Elmhurst, IL
Elmwood Park, IL
Eola, IL
Evanston, IL
Evergreen Park, IL
Flossmoor, IL
Forest Park, IL
Fort Sheridan, IL
Fox Lake, IL
Fox River Grove, IL
Fox Valley, IL
Franklin Park, IL
Glen Ellyn, IL
Glencoe, IL
Glendale Heights, IL
Glenview, IL
Glenwood, IL
Golf, IL
Grayslake, IL
Great Lakes, IL
Gurnee, IL
Hanover Park, IL
Harvard, IL
Harvey, IL
Harwood Heights, IL
Hazel Crest, IL
Hebron, IL
Hickory Hills, IL
Highland Park, IL
Highwood, IL
Hillside, IL
Hines, IL
Hinsdale, IL
Hoffman Estates, IL
Hometown, IL
Homewood, IL
Huntley, IL
Ingleside, IL
Island Lake, IL
Itasca, IL
Justice, IL
Kenilworth, IL
La Grange Park, IL
La Grange, IL
Lake Bluff, IL
Lake Forest, IL
Lake In The Hills, IL
Lake Villa, IL
Lake Zurich, IL
Lansing, IL
Lemont, IL
Libertyville, IL
Lincolnshire, IL
Lincolnwood, IL
Lisle, IL
Lombard, IL
Lyons, IL
Marengo, IL
Markham, IL
Matteson, IL
Maywood, IL
Mchenry, IL
Medinah, IL
Melrose Park, IL
Midlothian, IL
Morton Grove, IL
Mount Prospect, IL
Mundelein, IL
Naperville, IL
Niles, IL
North Chicago, IL
Northbrook, IL
Oak Brook, IL
Oak Forest, IL
Oak Lawn, IL
Oak Park, IL
Olympia Fields, IL
Orland Park, IL
Palatine, IL
Palos Heights, IL
Palos Hills, IL
Palos Park, IL
Park Forest, IL
Park Ridge, IL
Posen, IL
Prospect Heights, IL
Richmond, IL
Richton Park, IL
Ringwood, IL
River Forest, IL
River Grove, IL
Riverdale, IL
Riverside, IL
Robbins, IL
Rolling Meadows, IL
Roselle, IL
Round Lake, IL
Russell, IL
Schaumburg, IL
Schiller Park, IL
Skokie, IL
South Holland, IL
Spring Grove, IL
Steger, IL
Stone Park, IL
Streamwood, IL
Summit Argo, IL
Techny, IL
Thornton, IL
Tinley Park, IL
Union, IL
Vernon Hills, IL
Villa Park, IL
Wadsworth, IL
Warrenville, IL
Wauconda, IL
Waukegan, IL
Wayne, IL
West Chicago, IL
Westchester, IL
Western Springs, IL
Westmont, IL
Wheaton, IL
Wheeling, IL
Willow Springs, IL
Willowbrook, IL
Wilmette, IL
Winfield, IL
Winnetka, IL
Winthrop Harbor, IL
Wonder Lake, IL
Wood Dale, IL
Woodridge, IL
Woodstock, IL
Worth, IL
Zion, IL
Bassett, WI
Benet Lake, WI
Bristol, WI
Burlington, WI
Caledonia, WI
Camp Lake, WI
Darien, WI
Delavan, WI
East Troy, WI
Elkhorn, WI
Fontana, WI
Franksville, WI
Genoa City, WI
Kansasville, WI
Kenosha, WI
Lake Geneva, WI
Lyons, WI
New Munster, WI
Pell Lake, WI
Pleasant Prairie, WI
Powers Lake, WI
Racine, WI
Rochester, WI
Salem, WI
Sharon, WI
Silver Lake, WI
Somers, WI
Springfield, WI
Sturtevant, WI
Trevor, WI
Twin Lakes, WI
Union Grove, WI
Walworth, WI
Waterford, WI
Whitewater, WI
Williams Bay, WI
Wilmot, WI
Zenda, WI
