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Prime Retail Space on State
For Lease
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137-153 S State St, Chicago, IL

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

Space Size9,000 SF
Lot Size0.27 Acres
Days on Market1315

Property Features for 137-153 S State St

General Information

Standard status Active
Size 9,000 SF
Lot size 0.27 Acres
Property subtype RETAIL

Spaces For Lease

at 137-153 S State St Contact us

137 - 153 S State St

Floor
1
Size
9,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Situated at the nec of state & adams, 137 s. state offers a rare corner location...
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Listing Agency: Stone Real Estate Corp.
Listed By: John Vance
Source: Moodyscre
Added: Feb 2, 2023 Changed: Aug 8 Last Checked: Sep 8 at 10:14AM

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.

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • Rare corner location on Chicago's historic State Street.
  • Boasts 76' of State Street frontage.
  • Incredible pedestrian traffic.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Butcher Adult Day Care Buffet Pet Grooming Service

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

32,903
Businesses Nearby
70k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Hotels & Casinos 20% Apparel 20% Dining 14%
BP Shops & Services
25,664 visits/mo 0.4 miles
Renaissance Blackstone Hotel Hotels & Casinos
13,890 visits/mo 0.4 miles
Saks OFF 5TH Apparel
13,751 visits/mo 0.2 miles
McDonald's Dining
9,419 visits/mo 0.5 miles
Fifth Third Bank & ATM Shops & Services
4,367 visits/mo 0.4 miles

Market

Lease Benchmarks for Chicago, IL

$26.1 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
8,322 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 - 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) 782-1373 Call to check price and availability
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