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    OFF-MARKET
    Retail properties & Spaces

    1912 State St, Chicago, IL 60616

    36,476 SF Built 2006
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2006
    Total area 36,476 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • 312 Properties Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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