Most listings are in the $30's per square foot per year. The Fulton Market submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 14% decline in rent.
Compared to the rest of the Chicagoland market, the Fulton Market submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 8 listings have come on the market, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,500 sqft. Most buildings in this market are close to 2 floors. Most buildings in this area were built in 1930 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Information is the dominant industry in this area. Most of the occupants of Fulton Market work from home. Commuting around an hour a day is the norm for those who opt to reside in this part of town.