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Historic Retail Space on State
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17 E Monroe St, Chicago, IL

Prime retail opportunity in the heart of Chicago's State Street.

Space Size325 SF - 8,000 SF
Lot Size1.33 Acres
Days on Market538

Property Features for 17 E Monroe St

General Information

Standard status Active
Size 325 SF - 8,000 SF
Lot size 1.33 Acres
Property subtype RETAIL

Site & Location

Neighborhood Loop

Spaces For Lease

at 17 E Monroe St Contact us
Name Size Type Rate Availability
17 E Monroe St 8,000 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
17 E Monroe St 1,209 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
17 E Monroe St 1,430 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
17 E Monroe St 1,450 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
17 E Monroe St 2,223 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
17 E Monroe St 2,620 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
17 E Monroe St 2,720 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
17 E Monroe St 2,967 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
17 E Monroe St 325 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
17 E Monroe St 5,544 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
17 E Monroe St 666 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
17 E Monroe St 725 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
17 E Monroe St 910 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
17 E Monroe St 990 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
17 E Monroe St 996 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
Listing Agency: Stone Real Estate Corp.
Listed By: John Vance
Source: Moodyscre
Added: May 5, 2025 Changed: Oct 3 Last Checked: Oct 23 at 5:56AM

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 Stone Real Estate Corp.

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Investment Insights

Based on property information with market context.

Located in the heart of Chicago’s State Street shopping corridor, the historic Palmer House offers retailers an opportunity to join one of Chicago’s classic thoroughfares. Its central location on State Street provides proximity to excellent retail co-tenancy and the trade area’s dense office, residential, and tourist populations. The property presents brands with flagship opportunities due to its high-profile nature, strong neighborhood demographics, and State Street's established reputation as a retail destination. The property offers 1209 square feet of retail space.

Key Highlights

  • Prime location in the heart of Chicago's State Street shopping corridor.
  • Proximity to excellent retail co‑tenancy.
  • Access to dense office, residential, and tourist populations.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Feelings Gift Shop (Bike/Boat/Book/etc) Store Zees Apparel and Promotions Marketing & Advertising Lockwood Restaurant & Bar Restaurant ConceptDrop Marketing & Advertising The UPS Store Courier Service

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$25.14 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,876 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

Frequently Asked Questions

What type of property is this?
Retail space - Prime retail opportunity in the heart of Chicago's State Street.
Where is this retail space located?
The property is located at 17 E Monroe St Chicago, IL.
What are key features of this property?
This property features: Prime location in the heart of Chicago's State Street shopping corridor.; Proximity to excellent retail co‑tenancy.; Access to dense office, residential, and tourist populations.
(312) 782-1373 Call to check price and availability
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