2001 State St, Chicago, IL 60616
This exceptional Chicago office space, located at 2001 S State St, offers 5,327 square feet of vacant space in a 38,472 square foot building. Built in 1878 and renovated in 2017, this Class C property boasts a desirable State Street frontage with excellent visibility. The building features a street-level retail space, perfect for a variety of businesses. Its convenient location at the intersection of State and Cullerton Streets places it in close proximity to key amenities, including Reggies Chicago, the post office, and Chase Bank. Public transportation is readily accessible, with the Cermak-McCormick Place and Cermak-Chinatown L Stations just steps away. The property's proximity to McCormick Place, the McCormick Place Events Center, and the Marriott Marquis Hotel further enhances its appeal. The building includes 10 total parking spaces and an elevator. The lot size is 0.39 acres, with a building floor area ratio (FAR) of 2.26. The property is zoned DX-5, Chicago, and is situated in Cook County, Illinois, with a zip code of 60616. The building comprises one structure with four stories. This single-tenant space is available with 90 days' notice. This is a unique opportunity to secure a well-located, renovated office space in a vibrant Chicago neighborhood.
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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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.