Retail Storefront with Full
For Lease
$80 SF/Yr
440 N State Street, Chicago, IL 60654
Highly visible retail storefront on State Street with a full basement for additional storage or operations.
Days on Market15
Property Features for 440 N State Street
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1894
Listing Agency:
SKYDAN REAL ESTATE SALES, LLC
(708) 450-0110
Listed By:
FRANK CHRISTIANO · License #475146313
Source:
Corcoran
Added: Jul 17
Changed: Jul 21
Last Checked: Jul 30 at 8:28AM
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 SKYDAN REAL ESTATE SALES, LLC
Investment Insights
Based on property information with market context.
Available for rent, this retail storefront space is located on State Street in Chicago’s River North area. The layout includes a full basement, providing extra interior space that can support day-to-day operations and storage needs.
The space benefits from a prominent State Street presence and surrounding commercial activity, with nearby restaurants, galleries, hotels, and luxury residential developments. It’s also described as within walking distance of the Magnificent Mile.
Ideal for businesses seeking a storefront location with added below-grade space, the property’s configuration supports both customer-facing sales on the main level and practical use of the full basement area.
The space benefits from a prominent State Street presence and surrounding commercial activity, with nearby restaurants, galleries, hotels, and luxury residential developments. It’s also described as within walking distance of the Magnificent Mile.
Ideal for businesses seeking a storefront location with added below-grade space, the property’s configuration supports both customer-facing sales on the main level and practical use of the full basement area.
Key Highlights
- Highly visible retail storefront on State Street in Chicago’s River North
- Year built: 1894
- Includes a full basement for additional storage or operations
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$12.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
39,915
Businesses Nearby
690k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Hotels & Casinos 23%
Apparel 20%
Shops & Services 6%
Nordstrom
Apparel
136,729 visits/mo
0.1 miles
Starbucks
Dining
132,317 visits/mo
0.3 miles
McDonald's
Dining
65,567 visits/mo
0.3 miles
McDonald's
Dining
52,443 visits/mo
0.4 miles
theWit Chicago - a DoubleTree by Hilton Hotel
Hotels & Casinos
35,939 visits/mo
0.3 miles
Demographics for 60654, IL
23,890
Population
17,960
Households
1.3
Avg Household Size
34
Median Age
92%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
47,780
Density / Sq Mi
$144,831
Median Household Income
$106,856
Median Earnings
$2,571
Median Rent
$495,900
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$22.12 /SF/Yr
Avg Asking Price
$0.92–$45 /SF/Yr
Price Range
2,359 SF
Avg Space Size
This space is priced 262% above the average of $22.12 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Highly visible retail storefront on State Street with a full basement for additional storage or operations.
Where is this storefront property located?
The property is located at 440 N State Street Chicago, IL.
What is the lease rate?
The lease rate is $80 SF/Yr.
What are key features of this property?
This property features: Highly visible retail storefront on State Street in Chicago’s River North; Year built: 1894; Includes a full basement for additional storage or operations
