The Parker Fulton Market

Jones Lang LaSalle Americas (Illinois), L.P. (JLL), is pleased to present The Parker, a Class A 227-unit luxury apartment building located in Chicago’s most dynamic submarket, Fulton Market. What was once home to storied meatpackers and industrial warehouse users has undergone a rapid transformation following the announcement of Soho House, Google and McDonald’s planting roots in the neighborhood. The area’s distinctive character has made it a magnet for a growing number of restaurants, bars, hospitality, and Fortune 500 companies alike. With an average household income of $193,000 and a median age of 34, Fulton Market has cemented itself as the preferred location for Chicago’s highly educated creative-oriented professionals, and one of the most sought after submarkets across the country.

Rising 29 stories above the bustling streets, The Parker boasts expansive views of the downtown cityscape and features top-of-market amenities. The Property was developed by Fulton Market visionary Shapack Partners in 2016 and offers a mix of layouts, ranging from studios to three-bedroom units. At 98% occupancy and average lease rents of $3.67, The Parker offers value creation through capitalizing on the momentum of this innovative submarket by further pushing rental rates and modernizing select building features that will bridge the gap between rents at The Parker and at recent deliveries. All inquiries regarding this asset should be directed to Jones Lang LaSalle Americas.