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Loft Creative Space For Lease • 4,374 SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| 3rd Floor Ste 300S | Office | 4,374 SF | $22.00 USD/SF/YR | |
1046–1048 W Kinzie Street is a three-story brick and timber loft office building located in the heart of Chicago’s Fulton Market/West Loop submarket, one of the city’s strongest mixed-use office corridors. The property totals roughly 25,000–26,000 square feet on a ±9,280-square-foot site and is zoned M2-3, allowing for flexible office and light-industrial uses with longer-term repositioning potential. The building offers creative loft office space with exposed brick and timber beams, polished concrete floors, high ceilings, and large windows, with recent listings marketing full-floor suites of approximately 4,374 square feet at asking rents in the mid-$30s PSF on a full-service or modified-gross basis. A major differentiator for the submarket is the on-site private parking lot with approximately 35 spaces, along with additional street parking. The property benefits from immediate access to I-90/I-94, proximity to downtown Chicago, and strong surrounding amenities, making it well suited for creative office users or investors seeking stable income with upside in a premier Fulton Market location.
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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.
| 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 |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| DNA Corp | ||
| Prosper Financial | ||
| RE/MAX Next | ||
| Redi-box | ||
| Wattage |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Chicago Ogilvie Transportation Center (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 3 min | 20 min | 1.1 mi |
| Chicago Union Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra), Heritage Corridor Line - Northeast Illinois Regional Commuter Railroad (Metra), Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra), Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra), North Central Service - Northeast Illinois Regional Commuter Railroad (Metra), SouthWest Service - Northeast Illinois Regional Commuter Railroad (Metra)) | 4 min | - | 1.6 mi |
| Transit/Subway | Drive | Walk | Distance |
| Morgan (Green Line - Chicago Transit Authority) | 1 min | 6 min | 0.3 mi |
| Grand Avenue Station (Blue Line) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) | 1 min | 9 min | 0.5 mi |
| Chicago Avenue Station (Blue Line) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) | 2 min | 12 min | 0.6 mi |
| Ashland Station (Green, Pink Lines) (Green Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L")) | 2 min | 16 min | 0.8 mi |
| Clinton Station (Green, Pink Lines) (Green Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L")) | 2 min | 16 min | 0.9 mi |
| Airport | Drive | Walk | Distance |
| Chicago Midway International | 18 min | - | 10.3 mi |
| Chicago O'Hare International | 25 min | - | 16.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 35 |
| Type: | Surface |
| Included in Rent: | No |
Sean Murphy
Office Space Chicago
Sean Murphy
Office Space Chicago
