You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces

203 State St Chicago, IL 60604

155,800 SF
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity is located at 203 S State Street in Chicago's vibrant Loop, offering a total of 155,800 square feet of commercial space. The property features multiple tenancies, with three spaces currently available, ranging from a minimum of 5,931 square feet to a maximum contiguous space of 18,620 square feet. A significant 37,240 square feet is currently vacant, presenting a unique chance for expansion or multiple tenant occupancy. The building boasts modern amenities designed to enhance tenant experience and productivity. These include modernized elevators and corridors, ensuring efficient and comfortable access to all levels. Security systems are in place to provide a safe and secure environment for both tenants and customers. The building's HVAC system has been recently upgraded, guaranteeing optimal climate control throughout the year. Large floor-to-ceiling windows flood the spaces with natural light, creating a bright and inviting atmosphere. Additional tenant amenities include convenient bike storage and a shared conference room, fostering collaboration and convenience. This prime State Street location offers unparalleled visibility and accessibility within the heart of Chicago's bustling Loop, making it an ideal location for a variety of retail businesses. The property's size and flexible space options cater to a wide range of needs, from smaller boutiques to larger flagship stores. This is a rare opportunity to secure a prominent retail presence in one of Chicago's most sought-after commercial districts. The zip code is 60604.

Property profile
Verified
Property type Retail properties & Spaces
Total area 155,800 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 203 State St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message