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Prime Chicago Central Business District
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1 N State St, Chicago, IL 60602

Located in Chicago's Central Business District on State Street.

Property Size170,507 SF
Days on Market166

Property Features for 1 N State St

General Information

Standard status Active
Size 170,507 SF
Class B
Property subtype Office

Building Details

Year Built 1912
Stories 16
Listing Agency: Transwestern | Chicago
Listed By: Paul Barile
Source: Transwestern
Added: Mar 7 Changed: Aug 11 Last Checked: Aug 20 at 4:07AM

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 Transwestern | Chicago

Investment Insights

Based on property information with market context.

Located at the northeast corner of State and Madison in Chicago’s Central Business District, One North State is situated on “Chicago’s Great Street,” a six-block stretch from Randolph to Monroe. Macy’s and Block 37 are located in the northern third of the retail street, while T.J. Maxx, Primark, Burlington, and Nordstrom Rack are located in the middle blocks, and Target is located in the southern third of the trade area. The property's State Street location provides access to Chicago’s CTA via bus and elevated trains. The property is also near parking and has access to all suburbs and neighborhoods by Metra and Interstate Highways. The property size is 170507 square feet.

Key Highlights

  • Prime location at the Northeast Corner of State and Madison in Chicago’s Central Business District.
  • Excellent access to Chicago’s CTA via bus and elevated trains.
  • Located on State Street, "Chicago’s Great Street", with high retail presence.

Property Analytics

Current Use

Affordable Housing News Housing Development Kodak Vending Machine Berlin Melzer Law ... Law Firm Brafton, Inc. Advertising Agency Cengage Learning (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Adult Day Care Buffet Clothing & Fashion Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

39,284
Businesses Nearby

Demographics for 60602, IL

1,261
Population
551
Households
2.3
Avg Household Size
39
Median Age
49%
College-Educated
97%
High-School Grad
0.1 sq mi
ZIP Area
12,610
Density / Sq Mi
$123,047
Median Household Income
$43,500
Median Earnings
$2,775
Median Rent
$383,300
Median Home Value

Market

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Located in Chicago's Central Business District on State Street.
Where is this office building located?
The property is located at 1 N State St Chicago, IL.
What are key features of this property?
This property features: Prime location at the Northeast Corner of State and Madison in Chicago’s Central Business District.; Excellent access to Chicago’s CTA via bus and elevated trains.; Located on State Street, "Chicago’s Great Street", with high retail presence.
More about this property
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