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U.S. General Services Administration·Illinois

U.S. Government Seeking to Lease Warehouse Space in Chicago, IL

Closes in 2 days$4.2M – $7MRequest for Expression of Interest
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Description

The General Services Administration (GSA) is issuing an Expression of Interest (EOI) for a lease of approximately 33,600–35,400 ABOA square feet of warehouse and office space in the Chicago, IL area. The space must meet specific criteria, including a minimum 20‑ft ceiling height, ability to accommodate two large vehicles, ground‑floor contiguous layout, and compliance with fire, accessibility, seismic, and sustainability standards. The lease term is ten years with a fully serviced arrangement, and the property must not be located adjacent to residential, educational, religious, retail, foreign government, or ICE facilities and must be outside the 1‑percent annual chance floodplain. The solicitation closes on November 3 2026, with market surveys slated for December 2026 and occupancy planned for October 4 2027. • Minimum warehouse space: 30,020–31,600 ABOA sq ft; office space: 3,567–3,755 sq ft. • Required parking: 5 total (all surface), with 5 reserved spaces. • Additional constraints: ceiling height ≥20 ft; storage for two large vehicles (≈40‑45 ft L × 12 ft H × 8.5 ft W); no proximity to schools, churches, retail, foreign‑govt or ICE sites; outside 1 % floodplain. • Lease term: 10 years, fully serviced, mandatory compliance with GSA fire, accessibility, seismic, and sustainability standards.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Patrick Elwood(Senior Vice President)

[email protected]

(630) 573-7050

Key dates

Opened
10/14/2026
Closes
11/3/2026
Duration
10 years

Last updated

Details

Type
Request for Expression of Interest
Industry
Real Estate
NAICS
531120
Solicitation №
6IL0484

Budget estimate

$4,200,000 – $7,000,000

Based on the advertised square footage (≈34,000 ABOA sq ft) and typical Chicago warehouse lease rates ($12‑$20 per sq ft per year), the annual lease value would likely fall between $400k and $700k. Over the ten‑year term, this translates to a total contract value roughly in the $4 million‑$7 million range. Factors influencing the final amount include negotiated rent, escalations, tenant improvements, and the specific mix of warehouse vs. office space.

AI estimate from the solicitation

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