1912 State St, Chicago, IL 60616
This exceptional commercial property, located at 1912 S State St in Chicago, IL 60616, presents a unique opportunity for a variety of businesses. The building, constructed in 2006, offers a total of 36,476 square feet, with 1,438 square feet currently available for lease. The space is ideal for quick-service restaurants, retail establishments, or medical offices, given its flexible zoning (C2-5) and existing uses. The property boasts a prime location in the vibrant South Loop neighborhood, featuring large north-facing windows on Archer Avenue, ensuring excellent natural light and visibility. The building provides ample parking with 38 spaces available for tenants and their clients. The property is categorized as both retail and office space, accommodating multiple tenants. The address is conveniently situated near the intersection of State Street and Archer Avenue, offering easy access to major transportation routes and a high volume of foot and vehicle traffic. This versatile space is ready for immediate occupancy and presents a compelling investment opportunity in a thriving Chicago neighborhood.
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312 Properties Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.