Property profile

1 State St Chicago, IL 60602

OFF-MARKET
Office Spaces
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Property summary

AI-generated overview

This exceptional office space at 1 N State Street in Chicago's vibrant downtown offers a diverse range of solutions for businesses of all sizes. Located in Cook County, Illinois, this property provides multiple tenancy options within a dynamic work environment. The space caters to various needs, from traditional office setups to executive suites, coworking areas, medical offices, and creative studios. Businesses can tailor their workspace, choosing from private, fully furnished offices accommodating one person or an entire company. Customization options range from serviced offices to bespoke designs, even including disaster recovery spaces and day offices. A comprehensive benefits program offers exclusive discounts and procurement support. Beyond private offices, the location provides coworking spaces, allowing for flexible daily or hot desk arrangements. A wide selection of meeting rooms is available, ranging from informal chat spaces to facilities suitable for presentations, training sessions, interviews, board meetings, or conferences, bookable by the hour or for extended periods. Virtual office options are also available, including prestigious business addresses, mail handling, and professional virtual assistant services. These virtual office packages may include lounge access and office space for a limited number of days per month. Flexible working plans provide access to a global network of workspaces, offering options for private offices or coworking spaces with varying day-per-month access levels. This property is ideal for businesses seeking adaptable and inspiring work environments in a central Chicago location. The building's address is 1 N State St, Chicago, IL 60602.

Property profile

Verified
Property type Office Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Housing Development
  • Vending Machine
  • Law Firm
  • Advertising Agency Marketing & Advertising
  • (Bike/Boat/Book/etc) Store Corporate Office

Location

1 State St Chicago, IL 60602
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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