Market Display
 

Chicago, Illinois

Market Overview

Metropolitan Area Economic Overview
Calculations for all indices were provided by Geographic Solutions

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Market research provided by Hiffman
Last Updated: 10-Jan-2012

Market Research

  Low
(USD)
High
(USD)
Effective Avg.
(USD)
Vacancy
(%)
Investment Yield
New Construction (AAA) n/a n/a n/a n/a n/a
Class A (Prime) $ 32.00 $ 55.00 $ 42.00 % 15.40 n/a
Class B (Secondary) $ 21.00 $ 35.00 $ 29.00 % 16.50 n/a
New Construction (AAA) n/a n/a n/a n/a n/a
Class A (Prime) $ 25.00 $ 33.00 $ 26.00 % 21.30 n/a
Class B (Secondary) $ 17.50 $ 23.00 $ 19.50 % 24.90 n/a
Bulk Warehouse $ 2.25 $ 6.00 $ 4.10 % 10.50 n/a
Manufacturing $ 3.00 $ 6.25 $ 4.40 % 10.50 n/a
High Tech / R&D $ 5.75 $ 10.00 $ 7.40 % 10.50 n/a
Downtown $ 45.00 $ 195.00 n/a % 8.20 n/a
Neighborhood Service Centers $ 12.00 $ 22.00 n/a % 9.60 n/a
Community Power Center $ 16.00 $ 24.00 n/a % 9.80 n/a
Regional Malls $ 28.00 $ 80.00 n/a % 8.00 n/a
Solus Food Stores n/a n/a n/a n/a n/a
  Low / Acre (USD) High / Acre (USD)
Office In CBD $ 3484800.00 $ 21780000.00
Land In Office Parks $ 275000.00 $ 700000.00
Land In Industrial Parks $ 150000.00 $ 350000.00
Office/Industrial - Non-park $ 50000.00 $ 575000.00
Retail/Commercial Land $ 250000.00 $ 1000000.00
Residential $ 50000.00 $ 1000000.00
One Oakbrook Terrace, Suite 600, Oakbrook Terrace IL 60181