Renovated Flex Space in
For Sale
Contact for pricing
2100 W Fulton St, Chicago, IL
Two-story, 17,121 SF renovated flex/office building in Kinzie Corridor.
Property Size17,121 SF
Lot Size0.20 Acres
Price / SF$157.70
Days on Market1006
Property Features for 2100 W Fulton St
General Information
Standard status
Active
Size
17,121 SF
Lot size
0.20 Acres
Property subtype
FLEX_R_AND_D
Listing Agency:
Cawley Chicago
(312) 766-4291
Listed By:
Zach Pruitt
(312) 766-4291
Source:
Moodyscre
Added: Oct 30, 2023
Changed: Jul 6
Last Checked: Jul 22 at 3:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cawley Chicago
Investment Insights
Based on property information with market context.
The property at 2100 W. Fulton St. is a two-story building with approximately 17,121 square feet of flex and office space. Located in the Kinzie Industrial Corridor, the building was recently renovated between 2012 and 2013. Capital improvements include new offices, restrooms, windows, electrical, plumbing, mechanical systems, and a new roof. The building features a mixture of masonry and timber construction on the ground floor, with noncombustible construction on the second floor. The ground floor offers flex space with three loading options, combined with upstairs office and storage areas.
Key Highlights
- Recently renovated in 2012‑2013, allowing for immediate operation.
- 17,121 square foot, two‑story building in the Kinzie Industrial Corridor.**
- New capital improvements including offices, restrooms, windows, electrical, plumbing, mechanicals, and roof.
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $328.7k | $19.20 |
| − Vacancy | −$24.7k | −$1.44 |
| EGI | $304.1k | $17.76 |
| − OpEx | −$106.4k | −$6.22 |
| NOI | $197.6k | $11.54 |
17,121 SF · lease $19.20/SF/yr · vacancy 7.50% · expense 35.00%
Alternative Uses
Best Use
Office B
$5.25M
$4.59M – $6.12M
NOI $367,348 @ 7.0% cap · market cap 13.61%
Second Best
Flex RnD
$2.82M
$2.47M – $3.29M
NOI $197,645 @ 7.0% cap · market cap 7.32%
Theoretical Best
Office A
$8.07M
$7.06M – $9.42M
NOI $565,075 @ 7.0% cap · market cap 20.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,464
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Two-story, 17,121 SF renovated flex/office building in Kinzie Corridor.
Where is this flex space located?
The property is located at 2100 W Fulton St Chicago, IL.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Recently renovated in 2012‑2013, allowing for immediate operation.; 17,121 square foot, two‑story building in the Kinzie Industrial Corridor.**; New capital improvements including offices, restrooms, windows, electrical, plumbing, mechanicals, and roof.
