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Historic Retail Storefront
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17 E Monroe St, Chicago, IL 60603

Ground-floor retail space connects with 10,693 SF on the second floor.

Property Size8,000 SF
Days on Market456

Property Features for 17 E Monroe St

General Information

Standard status Active
Size 8,000 SF
Net Rentable 10,693 SF
Property subtype RETAIL

Space & Availability

Available Space 10,693 SF
Contiguous Space 10,693 SF
Space Use Retail
Listing Agency: Stone Real Estate Corp.
Listed By: John Vance
Source: Moodyscre
Added: May 5, 2025 Changed: Jul 29 Last Checked: Aug 2 at 9:01AM

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 in the historic Palmer House, this retail storefront offers an opportunity to join the State Street shopping corridor. The property is described as being centered on State, positioned to benefit from established retail co-tenancy along the thoroughfare.

This listing includes 8,000 square feet and connects with an additional 10,693 square feet on the second floor. The surrounding trade area includes dense office, residential, and tourist populations, supporting consistent pedestrian activity typical of a major downtown retail corridor.

For retailers looking for space within a landmark building, the ground-floor configuration provides direct connection to the upper level, creating flexibility for brands that want to operate across multiple floors.

Key Highlights

  • Ground‑floor retail space connects with 10,693 SF on the second floor.
  • Located in Chicago’s State Street shopping corridor on State Street.
  • On a major retail thoroughfare with dense nearby office, residential, and tourist populations.

Property 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

Demographics for 60603, IL

1,288
Population
984
Households
1.3
Avg Household Size
38
Median Age
92%
College-Educated
100%
High-School Grad
0.1 sq mi
ZIP Area
12,880
Density / Sq Mi
$128,107
Median Household Income
$86,484
Median Earnings
$2,104
Median Rent
$608,100
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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor retail space connects with 10,693 SF on the second floor.
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: Ground‑floor retail space connects with 10,693 SF on the second floor.; Located in Chicago’s State Street shopping corridor on State Street.; On a major retail thoroughfare with dense nearby office, residential, and tourist populations.
(312) 782-1373 Call to check price and availability
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