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    1150 State St Chicago, IL 60610

    For Lease
    $30 SF/Yr ($698 /Mo)

    Prime Chicago Office Space Available

    Lot size:
    275 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 275-square-foot executive office suite is ideally located in Chicago's desirable Great Gold Coast submarket at 1150 N State Street, Suite 320A. The space is situated within a Class C building in Cook County, Illinois, and offers a single-tenant occupancy. The entire 275 square feet is currently vacant and ready for immediate occupancy. The building boasts a floor area ratio (FAR) of 1. This presents a fantastic opportunity for a small business or individual professional seeking a well-located, efficient workspace. The address is conveniently situated within the vibrant Great Gold Coast area, offering easy access to a variety of amenities, including restaurants, shops, and public transportation. The suite is perfect for a single-tenant user requiring a compact and functional office space. The property is categorized as an executive office and small office, making it suitable for a range of professional uses. The zip code is 60610. This is a single-tenant space, meaning the entire suite is available for lease. The property's location in Cook County, Illinois, provides access to a robust business infrastructure and a thriving professional community. This turnkey office solution requires no further build-out, allowing for immediate move-in and commencement of operations. The property's size makes it an economical and efficient choice for businesses seeking a cost-effective office solution in a prime location.

    Property Features for 1150 State St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    275 SF
    Class
    C
    Total Rate
    698.96

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    360 SF
    Rate per SF
    $30

    HighLights

    • 275 SF executive suite in Chicago's desirable Gold Coast submarket at 1150 N State St, Suite 320A.
    • Class C building, Cook County, IL; immediately available, single‑tenant occupancy.
    • Perfect for small businesses or individual professionals; turnkey solution in a vibrant location with easy access to amenities and public transportation.
    • Tenant‑controlled thermostat.
    Property Profile Location Intelligence

    Current Use by Public Records

    Optimum Is Now Promotional Products Supplier Inside Sales Staff Recruiter McWilliams Burgener Architecture Architect Battery Staff Employment Agency Contact Tracer Staff Employment Agency

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6288804
    Latitude
    41.9033984

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Chicago Office Space Available
    Where is this office property / space located?
    The property is located at 1150 State St Chicago, IL.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: 275 SF executive suite in Chicago's desirable Gold Coast submarket at 1150 N State St, Suite 320A.; Class C building, Cook County, IL; immediately available, single-tenant occupancy.; Perfect for small businesses or individual professionals; turnkey solution in a vibrant location with easy access to amenities and public transportation.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1150 State St Chicago, IL 60610
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