Chicago, IL Commercial Inventory Breakdown
Industrial
Total: 94,407,360 SF
By square footage range:
- 50k to 100k SF: 1,893,609 SF / 2.01% of total industrial
- 100k to 500k SF: 63,058,416 SF / 66.79% of total industrial
- 500k to 1M SF: 15,202,075 SF / 16.1% of total industrial
- > 1M SF: 14,253,260 SF / 15.1% of total industrial
By class:
- Class A: 15,714,471 SF / 16.65% of total industrial
- Class B: 70,397,320 SF / 74.57% of total industrial
- Class C: 4,390,704 SF / 4.65% of total industrial
Chicago Demographics
Population
- Total Population2,718,555
- Male Population(48.6 %) 1,320,499
- Female Population(51.4 %) 1,398,056
- Median Age34.30
Income/Financial
- Average Household Income$85,837
- Median Household Income$55,198
- Median Income Under 25$31,251
- Median Income 25-44$67,175
- Median Income 45-64$60,127
- Median Income Over 65$33,450
News
MLL Capital has started building a $500 million portfolio of institutional assets in the medical office, laboratory and life sciences sector. The investment firm recently purchased the Ravenswood Professional Building — a medical office building in the Ravenswood neighborhood on the north side o...
Following the great financial crisis of 2008, the U.S. has been experiencing one of the longest economic expansions in history. Production and consumption continue to climb higher and, as a result, industrial property construction continues to increase, as well. In particular, industrial propert...
A decade is a long time, and so much has occurred in our country and around the world in the last 10 years. In particular, rising real estate prices have been one of the prevailing themes throughout the 2010s. Coming off the heels of the Great Financial Crisis, the U.S. economy has trended upwar...