Most listings are in the $30's per square foot per year. The Fulton Market submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 14% decline in rent.
Compared to the rest of the Chicagoland market, the Fulton Market submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 115 listings have been made available, so you'll want to check back regularly for new listings. About 10% of the listings in the Fulton Market are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 5,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this region were built in 1929 and are Class B.
This region is fairly equally mixed residential and commercial. Information is the dominant industry in this market. Most of the residents of Fulton Market work from home. Commuting approximately an hour 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 Market.
Get email notifications when new listings are posted that match your requirements.