Most listings are in the $30'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 increased $1 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the Chicagoland market, the Fulton Market submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 10 listings have been posted online, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. 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 4,350 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this market were built in 1950 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 approximately an hour a day is the norm for those who opt to reside in this part of town.