Prime Retail Space in
For Lease
Contact for pricing
530 South State Street, Chicago, IL 60605
High-traffic retail space near universities and Grant Park.
Space SizeContact for details
Days on Market264
Property Features for 530 South State Street
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
(312) 233-8683
Listed By:
Cliffton Vann
(312) 233-8683
Source:
Cbre
Added: Nov 22, 2025
Changed: Aug 11
Last Checked: Aug 13 at 6:49AM
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 Cliffton Vann
Investment Insights
Based on property information with market context.
This 3,200 square foot ground-floor retail space is located at the corner of State Street and Harrison Street in downtown Chicago. The property features 109 feet of frontage and is situated within a 184-unit condominium building, directly adjacent to a high-traffic CVS. Located near Grant Park and Michigan Avenue, this location is suitable for brands seeking to establish themselves in a dynamic, high-density urban environment. The property is positioned across from the University Center of Chicago, surrounded by over 30,000 college students from DePaul University, Roosevelt University, and Columbia College. The location benefits from a daytime population exceeding 133,000 within a half-mile radius, offering visibility and foot traffic.
Key Highlights
- Prime downtown Chicago location at the corner of State Street and Harrison Street.
- High foot traffic location adjacent to a CVS and across from the University Center of Chicago.
- Surrounded by over 30,000 college students from multiple universities.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,907
Businesses Nearby
181k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 53%
Dining 29%
Shops & Services 17%
Mariano's
Groceries
50,480 visits/mo
0.2 miles
Jewel-Osco
Groceries
46,012 visits/mo
0.5 miles
White Castle
Dining
23,545 visits/mo
0.4 miles
Pizanos Pizza
Dining
13,973 visits/mo
0.4 miles
Chase Bank
Shops & Services
11,972 visits/mo
0.3 miles
Demographics for 60605, IL
34,071
Population
20,478
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
24,336
Density / Sq Mi
$118,403
Median Household Income
$82,091
Median Earnings
$2,402
Median Rent
$495,900
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$25.68 /SF/Yr
Avg Asking Price
$8–$80 /SF/Yr
Price Range
8,912 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - High-traffic retail space near universities and Grant Park.
Where is this retail space located?
The property is located at 530 South State Street Chicago, IL.
What are key features of this property?
This property features: Prime downtown Chicago location at the corner of State Street and Harrison Street.; High foot traffic location adjacent to a CVS and across from the University Center of Chicago.; Surrounded by over 30,000 college students from multiple universities.
