Fulton Market Office Space

Fulton Market

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
40,600
As of: July 19, 2017

Fulton Market Rates

Most listings are in the $30's per square foot per year. The Fulton Market region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.

Compared to the rest of the Chicagoland market, the Fulton Market submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Fulton Market Listing Supply

In the last 90 days, 8 listings have been posted online, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 138% of the available space in the Fulton Market 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 4,050 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built in 1929 and are Class B.

Fulton Market Community

A large portion of this area is residential, but there's plenty of office_space. Information is the dominant industry in this region. Most of the occupants of Fulton Market work from home. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Fulton Market.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Fulton Market.
Research