1046-1048 W Kinzie St 4,374 SF of Office Space Available in Chicago, IL 60642

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.