Stotan Acquires Itasca Industrial Facility Near O’Hare International Airport
Why this matters
Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. Chicago capital flow has been concentrated in industrial along the I-55 and I-80 corridors and in the most select downtown trophy office submarkets. Multifamily transaction volume has moved up in the Near North and West Loop. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- The 87th Chicago story tracked on the wire in August 2026. All Chicago coverage →
Computed from Real Estate Trail’s own tracked coverage
Stotan Industrial , in partnership with 56 Maple, acquired 1101 W. Thorndale Avenue in Itasca, Illinois, a 32,937 square foot industrial facility located in Chicago’s supply constrained O’Hare submarket. Eric Fischer…
External link. Real Estate Trail does not republish source content.
Related coverage — Chicago · Industrial
Distribution facilities powering Chicago industrial market
Brennan Buys 9,000 SF Industrial Outdoor Storage Facility in Metro Austin
PFLUGERVILLE, TEXAS — Chicago-based Brennan Investment Group has purchased a 9,000-square-foot industrial outdoor storage (IOS) facility in the northern Austin suburb of Pflugerville. The facility was built on 4.6 acr…
JLL Arranges $195M Sale of Chicago Logistics Facility
JLL arranged the $195 million sale of 1237 W. Division St., a 571,423-square-foot multi-story logistics facility in Chicago. The property, the first multi-story logistics facility developed in the Midwest, occupies a…
Brennan Buys 13,700 SF Industrial Outdoor Storage Facility in Metro Austin
PFLUGERVILLE, TEXAS — Chicago-based Brennan Investment Group has purchased a 13,700-square-foot industrial outdoor storage (IOS) facility in the northern Austin suburb of Pflugerville. The facility, which was acquired…
Vacant Fulton Market Building Sells Ahead of Planned MXU Redevelopment
CBRE represented the seller in the $2.75 million sale of 167 N. Morgan St., a vacant three-story industrial building in Chicago’s Fulton Market neighborhood. The buyer, Hubbard Street Group, plans to redevelop t…
Essex Realty Group Closes Sale of $17M Suburban Chicago Apartments
Essex Realty Group announced the sale of Parkside Apartments, a 120-unit multifamily property located in Glen Ellyn, Illinois. Constructed in 1963, the property represents an institutional-scale investment in the high…