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    137-153 S State St Chicago, IL 60602

    For Lease
    Contact for pricing

    Rare corner location in Chicago's Loop with high foot traffic.

    Property size:
    9,000 SF
    Lot size:
    0.27 Acres

    Property Features for 137-153 S State St

    General Information

    Size
    9,000 SF
    Lot size
    0.27 Acres

    Source: Stone Real Estate Corp. Agent John Vance

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

    Overview

    Prime Retail Space on State

    Located at the northeast corner of State and Adams, 137 S. State offers a corner location on Chicago's historic State Street. Centrally situated within Chicago's Loop, the site provides close proximity to all downtown subway lines, numerous buses, and high density from the office, student, and residential population. The property features 76 feet of State Street frontage and benefits from pedestrian traffic and co-tenancy, presenting retailers with the opportunity to generate high volumes on Chicago's famed State Street. The property offers 9,000 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Spa & Massage Restaurant Hair Salon Dental Office Nail Salon Building Supply Daycare Center Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6272564
    Latitude
    41.8796934

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    FAQs

    What type of property is this?
    Retail space - Rare corner location in Chicago's Loop with high foot traffic.
    Where is this retail space located?
    The property is located at 137-153 S State St Chicago, IL.
    What are key features of this property?
    This property features: - Rare corner location on Chicago's historic State Street.; - Boasts 76' of State Street frontage.; - Incredible pedestrian traffic.
    (312) 372-6200
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    Chicago, IL 60602
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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
    137-153 S State St Chicago, IL 60602
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