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State Street Retail Flagship Opportunity
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39 South State Street, Chicago, IL 60602

Prime retail space in Chicago's central business district.

Days on Market250

Property Features for 39 South State Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Chicago
Listed By: Stephen Ansani
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Jul 30 at 4:09AM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

This retail property offers an incredible flagship opportunity in the heart of the State Street retail district. The property features unparalleled two-level corner branding amongst premier retail co-tenancy. The space totals 6,770 square feet, with the lower level not shown. State Street is located in the heart of Chicago’s central business district, benefiting from a dense office population, a high concentration of hotels, theaters, and educational institutions.

Key Highlights

  • Incredible flagship opportunity in the heart of the State Street retail district.
  • Unparalleled two‑level corner branding opportunity.
  • Located amongst premier retail co‑tenancy.

Property Analytics

Current Use

Vans Clothing & Fashion Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Buffet Adult Day Care 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

35,699
Businesses Nearby
94k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 38% Shops & Services 34% Apparel 15% Dining 13%
theWit Chicago - a DoubleTree by Hilton Hotel Hotels & Casinos
35,939 visits/mo 0.4 miles
BP Shops & Services
25,664 visits/mo 0.3 miles
Saks OFF 5TH Apparel
13,751 visits/mo 0.1 miles
McDonald's Dining
9,419 visits/mo 0.4 miles
Fifth Third Bank & ATM Shops & Services
4,367 visits/mo 0.5 miles

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

Lease Benchmarks for Chicago, IL

$25.71 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
4,887 SF
Avg Space Size

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Prime retail space in Chicago's central business district.
Where is this retail space located?
The property is located at 39 South State Street Chicago, IL.
What are key features of this property?
This property features: Incredible flagship opportunity in the heart of the State Street retail district.; Unparalleled two‑level corner branding opportunity.; Located amongst premier retail co‑tenancy.
More about this property
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