Most listings are in the $40's per square foot per year. The Fulton Market region is seeing a a rise in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 13% increase in rent.
Compared to the rest of the Chicagoland market, the Fulton Market region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 6 listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 3,700 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 1950 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Information is the dominant industry in this region. Most of the folk 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.