Retail Space in Historic Palmer
For Lease
Contact for pricing
17 E Monroe St, Chicago, IL 60603
Retail space inside the historic Palmer House on Chicago’s State Street shopping corridor.
Property Size996 SF
Days on Market456
Property Features for 17 E Monroe St
General Information
Standard status
Active
Size
996 SF
Property subtype
RETAIL
Additional Details
Space Use
Retail
Listing Agency:
Stone Real Estate Corp.
(312) 782-1373
Listed By:
John Vance
Source:
Moodyscre
Added: May 5, 2025
Changed: Jul 31
Last Checked: Aug 2 at 9:38AM
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.
Retail space is available in the historic Palmer House at 17 E Monroe St in Chicago. The space totals 996 square feet, providing a compact footprint for a retail concept looking to operate in a well-known, high-profile setting.
Situated in the heart of Chicago’s State Street shopping corridor, the location is positioned for access to surrounding office, residential, and tourist populations. The asset’s central positioning on State supports day-to-day walk-in activity associated with a long-established retail destination.
This opportunity is best suited for retailers seeking presence within a classic thoroughfare and benefiting from the area’s ongoing retail draw.
Situated in the heart of Chicago’s State Street shopping corridor, the location is positioned for access to surrounding office, residential, and tourist populations. The asset’s central positioning on State supports day-to-day walk-in activity associated with a long-established retail destination.
This opportunity is best suited for retailers seeking presence within a classic thoroughfare and benefiting from the area’s ongoing retail draw.
Key Highlights
- 996 square feet retail space
- Historic Palmer House location
- On Chicago’s State Street shopping corridor
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
35,699
Businesses Nearby
94k
Monthly Visits Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space inside the historic Palmer House on Chicago’s State Street shopping corridor.
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: 996 square feet retail space; Historic Palmer House location; On Chicago’s State Street shopping corridor
