312-804-4633
1046-1048 W Kinzie St, Chicago, IL for Rent

$28.00 USD /SF/yr

Office - For Rent
1/12
4,374 SF | 1 Space

1046-1048 W Kinzie St
Chicago, IL 60642
West Loop


HIGHLIGHTS

  • Prime location in Chicago’s Fulton Market District, a hub for corporate, residential, and retail growth.
  • Existing improvements total approximately 35,500 SF on a 9,280 SF lot, with portfolio scale exceeding 52,000 SF.
  • Private parking allocation with 3 designated spots

OVERVIEW

Positioned in the heart of Chicago’s dynamic Fulton Market District, 1046-1048 W Kinzie Street offers a rare opportunity to acquire a prime urban asset with exceptional redevelopment potential. This property is part of a strategic assemblage that spans approximately 40,102 square feet of land and includes three existing buildings totaling over 52,000 square feet. Currently zoned M2-3 for light industrial use, the site is ideally suited for manufacturing, warehousing, or wholesale operations. However, its location within one of Chicago’s most sought-after neighborhoods opens the door to transformative possibilities, including rezoning for mixed-use, residential, office, hotel, or retail development. The property benefits from proximity to major transportation arteries, including the Kennedy Expressway (I-90/I-94), and is just minutes from downtown Chicago. Fulton Market has evolved into a premier destination for corporate headquarters, luxury residences, and high-end retail, creating strong demand for adaptive reuse and new construction projects. Favorable zoning considerations such as Transit-Oriented Development (TOD) designation and Affordable Housing Tax Incentives further enhance the site’s long-term value proposition. With a current occupancy of approximately 43.5% across five tenants, the asset provides immediate income while offering significant upside through repositioning or redevelopment. Investors and developers will appreciate the property’s scale, visibility, and access to Chicago’s thriving business ecosystem. This is a rare chance to secure a footprint in a district that continues to attract global brands and innovative enterprises.

RENTAL DETAILS

SPACE AVAILABLE

4,374 SF

# OF SPACES

1

RENT/MONTH

$10,206 USD /mo

RENT RATE (MO)

$2.33 USD /SF/mo

RENT RATE (YR)

$28.00 USD /SF/yr

LEASE TYPE

Full Service Gross

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

24,928 SF

BUILDING CLASS

C

YEAR BUILT

1950

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,147.6 SF

ZONING

M2-3

ASK ABOUT THIS PROPERTY

Sean MurphyOffice Space ChicagoMore Info
312-804-4633

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Sean MurphyOffice Space ChicagoMore Info
312-804-4633

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.