Compared to the rest of the Chicagoland market, the Fulton River District submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 20 listings have been made available, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 40% of the listings in the Fulton River District are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,500 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 4 floors. Most buildings in this market were built in 1949 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Fulton River District folk. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Fulton River District.
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