South Loop Retail Space
For Lease
Contact for pricing
525 S State St, Chicago, IL
Multiple retail spaces for lease in the heart of South Loop.
Space Size515 SF - 5,222 SF
Lot Size1.47 Acres
Days on Market362
Property Features for 525 S State St
General Information
Standard status
Active
Size
515 SF - 5,222 SF
Lot size
1.47 Acres
Property subtype
RETAIL
Site & Location
Neighborhood
South Loop
Spaces For Lease
at 525 S State St Contact us525 S State St AVAILABLE, Now
Floor
1
Size
2,618 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- Multiple ground floor retail spaces for lease from ±500 – 6,070 SF available for immediate occupancy
- ±16,700 SF Planet Fitness Now Open
- ±1,700 students living in ±500 apartments
- Centrally located in the heart of the South Loop; near the Theater District, one block from the Business District and a quick walk to Michigan Avenue; easily accessible by foot or public transportation (the EL/L stop out front)
- ±50,000 full-time college students within 0.4 miles across 8 institutions
- 2nd Gen restaurant space available
Contact us 525 S State St AVAILABLE, Now
Floor
1
Size
2,650 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- Multiple ground floor retail spaces for lease from ±500 – 6,070 SF available for immediate occupancy
- ±16,700 SF Planet Fitness Now Open
- ±1,700 students living in ±500 apartments
- Centrally located in the heart of the South Loop; near the Theater District, one block from the Business District and a quick walk to Michigan Avenue; easily accessible by foot or public transportation (the EL/L stop out front)
- ±50,000 full-time college students within 0.4 miles across 8 institutions
- 2nd Gen restaurant space available
Contact us 525 S State St AVAILABLE, Now
Floor
1
Size
515 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- Multiple ground floor retail spaces for lease from ±500 – 6,070 SF available for immediate occupancy
- ±16,700 SF Planet Fitness Now Open
- ±1,700 students living in ±500 apartments
- Centrally located in the heart of the South Loop; near the Theater District, one block from the Business District and a quick walk to Michigan Avenue; easily accessible by foot or public transportation (the EL/L stop out front)
- ±50,000 full-time college students within 0.4 miles across 8 institutions
- 2nd Gen restaurant space available
Contact us 525 S State St AVAILABLE, Now
Floor
1
Size
5,222 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- Multiple ground floor retail spaces for lease from ±500 – 6,070 SF available for immediate occupancy
- ±16,700 SF Planet Fitness Now Open
- ±1,700 students living in ±500 apartments
- Centrally located in the heart of the South Loop; near the Theater District, one block from the Business District and a quick walk to Michigan Avenue; easily accessible by foot or public transportation (the EL/L stop out front)
- ±50,000 full-time college students within 0.4 miles across 8 institutions
- 2nd Gen restaurant space available
Contact us
Listing Agency:
MSC Retail - Philadelphia
(215) 568-2600
Listed By:
Matthew Stein
(215) 883-7407
Source:
Moodyscre
Added: Oct 29, 2025
Changed: Oct 2
Last Checked: Oct 24 at 8:29PM
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 MSC Retail - Philadelphia
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Multiple ground floor retail spaces are available for lease, ranging in size from approximately 500 to 6,070 square feet, with immediate occupancy possible. The property is centrally located in the heart of the South Loop, near the Theater District, one block from the Business District, and within walking distance of Michigan Avenue. Accessibility is enhanced by its proximity to public transportation, including an EL/L stop located directly in front of the building. The location benefits from a high concentration of students, with approximately 50,000 full-time college students within 0.4 miles across 8 institutions, as well as approximately 1,700 students living in approximately 500 apartments. A Planet Fitness occupying approximately 16,700 square feet is now open. There is also a second-generation restaurant space available. The property has a size of 1288 square feet.
Key Highlights
- High foot traffic location with ±50,000 full‑time college students within 0.4 miles.
- Immediate occupancy available for multiple retail spaces ranging from ±500 – 6,070 SF.
- Centrally located in the heart of the South Loop, near key districts and easily accessible.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
26,279
Businesses Nearby
41k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 49%
Apparel 34%
Shops & Services 17%
Renaissance Blackstone Hotel
Hotels & Casinos
13,890 visits/mo
0.2 miles
Saks OFF 5TH
Apparel
13,751 visits/mo
0.4 miles
Best Western Grant Park Hotel
Hotels & Casinos
6,261 visits/mo
0.5 miles
Fifth Third Bank & ATM
Shops & Services
4,367 visits/mo
0.2 miles
Extra Space Storage
Shops & Services
2,541 visits/mo
0.2 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Chicago, IL
$25.14 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,876 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Retail space - Multiple retail spaces for lease in the heart of South Loop.
Where is this retail space located?
The property is located at 525 S State St Chicago, IL.
What are key features of this property?
This property features: High foot traffic location with ±50,000 full‑time college students within 0.4 miles.; Immediate occupancy available for multiple retail spaces ranging from ±500 – 6,070 SF.; Centrally located in the heart of the South Loop, near key districts and easily accessible.
