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    6-42 S State St Chicago, IL 60602

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    For Lease
    Contact for pricing

    Two-level retail space with high visibility in central Chicago.

    Property size:
    6,586 SF
    Lot size:
    0.44 Acres

    Property Features for 6-42 S State St

    General Information

    Size
    6,586 SF
    Lot size
    0.44 Acres

    Source: CBRE | Chicago Agent Danny Jacobson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime State Street Retail Opportunity

    This retail space offers a flagship opportunity in the heart of the State Street retail district. The property provides a two-level branding opportunity and is surrounded by premier retail co-tenancy. It features over 60 feet of frontage on State Street. Situated at 10 South State Street, the location is in the center of Chicago’s central business district and two blocks from Millennium Park, a major tourist destination in Illinois. The property is adjacent to a CTA Red Line station, which averages over 3.3 million riders per year. The property has a size of 6586 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.628426
    Latitude
    41.882832

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    FAQs

    What type of property is this?
    Retail space - Two-level retail space with high visibility in central Chicago.
    Where is this retail space located?
    The property is located at 6-42 S State St Chicago, IL.
    What are key features of this property?
    This property features: - Flagship branding opportunity in the heart of the State Street retail district.; - Boasting over 60 feet of State Street frontage.; - Located adjacent to CTA Red Line station, averaging over 3.3 million riders per year.
    (312) 935-1901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6-42 S State St Chicago, IL 60602
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