STATE GUIDE · ILLINOIS

    SBA Trucking and logistics Feasibility Study Consultant – Illinois

    Last updated: November 2026

    David Jones, MAI, CCIM

    4,300+ feasibility studies completed · SBA Feasibility Study LLC

    Trucking and logistics is Illinois's signature SBA category. General freight trucking is the state's top SBA industry, a product of Chicagoland's position as the continent's rail and intermodal crossroads. Chicago industrial vacancy sat between 4.7% (Cushman & Wakefield) and 5.9% (Avison Young) in Q3 2026, depending on broker, well below the 6.8% national rate. Cushman & Wakefield reported 40.0 million square feet of year-to-date leasing (+33.8%) and an average net asking rent around $7.55/sf. Avison Young tracked 18.2 million square feet under construction, 53% of it speculative.

    For owner-occupied 504 projects, the core question is own versus lease. Tight vacancy supports ownership economics, but a specialized cold-storage building must still be underwritten for re-leasing if the operating business fails.

    Mini case: Moovers Chicago used two SBA 504 loans through SomerCor to renovate 8,500 square feet and cut occupancy costs by roughly $52,000 a year.

    What our Illinois study tests

    • own-vs-lease cost comparison
    • submarket vacancy and rent comps
    • customer concentration and contract review
    • specialized-building re-leasing analysis
    • DSCR under freight-cycle downside.

    Illinois SBA record: 2,387 trucking and logistics loans, $661.0M, 9.7% seasoned adverse rate.

    Fee and delivery date are fixed in your written proposal before you sign. Hotels, multi-phase construction and assisted living take longer than single-site retail projects.

    Illinois SBA lending data, requirements and market research →

    Talk to an Illinois SBA Feasibility Study Consultant

    Fifteen-minute scoping call, written proposal inside one business day, firm fixed fee before you sign.

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