Chicago, IL Commercial Inventory Breakdown
Industrial
Total: 113,545,026 SF
By square footage range:
- 50k to 100k SF: 11,717,655 SF / 10.32% of total industrial
- 100k to 500k SF: 69,046,403 SF / 60.81% of total industrial
- 500k to 1M SF: 14,767,403 SF / 13.01% of total industrial
- > 1M SF: 18,013,565 SF / 15.86% of total industrial
By class:
- Class A: 19,520,136 SF / 17.19% of total industrial
- Class B: 83,951,264 SF / 73.94% of total industrial
- Class C: 7,711,549 SF / 6.79% of total industrial
Chicago Demographics
Population
- Total Population2,709,534
- Male Population(48.6 %) 1,317,791
- Female Population(51.4 %) 1,391,743
- Median Age34.60
Income/Financial
- Average Household Income$90,708
- Median Household Income$58,247
- Median Income Under 25$32,333
- Median Income 25-44$71,965
- Median Income 45-64$63,081
- Median Income Over 65$33,637
News
Expert Insights: Chicago Real Estate Attorney John Goldstein Discusses Office Leasing in the Current Marketplace
May 05, 2021
What are the most popular concessions that tenants with long-term office leases try to negotiate for? Considering the COVID-19 outbreak, did lenders’ attitude towards investing in commercial real estate, especially larger office buildings, change? We sat down with John A. Goldstein, a real estat...
The years between 2000 and 2020 have proven to be quite eventful for the U.S. office market. The first decade started on the tail end of the dot-com bubble, which resulted in the boom and bust of an unprecedented real estate bubble. Then, the 2010s were marked by growth and consolidation, only t...
For most of the past century, the U.S. reigned supreme as the home of the tallest buildings in the world. Then, Asia took over. Watch the world’s skyscraper race!