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Chicago Building Retail Opportunity
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2 South State Street, Chicago, IL 60602

Retail space in building with student residence facility.

Property Size8,860 SF
Days on Market343

Property Features for 2 South State Street

General Information

Standard status Active
Size 8,860 SF
Property subtype Retail

Building Details

Building Size 8,860 SF

Properties For Sale

at 2 South State Street Contact us

3

Size
5,300 SF
Term
Negotiable
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Listing Agency: KELLER WILLIAMS HUDSON VALLEY
Listed By: Jaime Bertsche · License #10401320890
Source: Midamericagrp
Added: Sep 12, 2025 Changed: Aug 18 Last Checked: Aug 20 at 5:47AM

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 KELLER WILLIAMS HUDSON VALLEY

Investment Insights

Based on property information with market context.

The Chicago Building offers a retail opportunity in a building that houses a 190-student residence facility for the School of the Art Institute. The property is situated on the second busiest pedestrian block along State Street, with an average daily weekday count of 20,278 pedestrians between Madison and Monroe. The Red Line 'L' stop at Monroe is located one block south, serving 3.3 million annual riders. The property has a size of 8,860 square feet.

Key Highlights

  • Houses a 190‑student residence facility for the School of the Art Institute
  • Located on State Street, between Madison & Monroe
  • Second busiest pedestrian block along State Street (20,278 daily)

Property Analytics

Current Use

Zumiez Clothing Store FedEx OnSite Postal Service LibertyX Bitcoin ATM Atm Ghada Adhami Dental Office Smith Kimberly M ... Dental Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Adult Day Care Buffet Clothing & Fashion Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

40,863
Businesses Nearby
121k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 52% Shops & Services 21% Dining 15% Apparel 11%
theWit Chicago - a DoubleTree by Hilton Hotel Hotels & Casinos
35,939 visits/mo 0.2 miles
Hampton Inn & Suites Chicago Downtown By Hilton Hotels & Casinos
26,716 visits/mo 0.5 miles
BP Shops & Services
25,664 visits/mo 0.5 miles
Saks OFF 5TH Apparel
13,751 visits/mo 0.2 miles
McDonald's Dining
9,419 visits/mo 0.5 miles

Demographics for 60602, IL

1,261
Population
551
Households
2.3
Avg Household Size
39
Median Age
49%
College-Educated
97%
High-School Grad
0.1 sq mi
ZIP Area
12,610
Density / Sq Mi
$123,047
Median Household Income
$43,500
Median Earnings
$2,775
Median Rent
$383,300
Median Home Value

Market

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
Questions? Ask Rey
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Similar Off Market Nearby

  • Sweet Fleur Floristry 200 N Dearborn St, Chicago, IL 60601
  • HoneyComb Floral Boutique by Crystal Cabana Mami 231 S La Salle St UNIT 2100, Chicago, IL 60604
  • Kelly's Flower Shop 175 W Jackson Blvd, Chicago, IL 60604
  • Urban Flowers Chicago 141 W Jackson Blvd South Lobby, Chicago, IL 60604
  • Lei 227 W Monroe St, Chicago, IL 60606

Frequently Asked Questions

What type of property is this?
Storefront property - Retail space in building with student residence facility.
Where is this storefront property located?
The property is located at 2 South State Street Chicago, IL.
What are key features of this property?
This property features: Houses a 190‑student residence facility for the School of the Art Institute; Located on State Street, between Madison & Monroe; Second busiest pedestrian block along State Street (20,278 daily)
More about this property
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