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    Property profile & analytics

    175 State St Chicago, IL 60601-3623

    • Theaters & concert halls
    • 43,700 SF
    • 0.72 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-2190465
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Theatre Dreams Chicago LLC / Movie Theater
    • The Chicago Theatre / Performing Arts Theater / Event Venue
    • Chicago Limo Car Service / Chauffeur Service
    • MobileQubes Phone Charging / Cell Phone Charging Station

    Property Details for 175 State St

    Year built
    1919
    Lot size
    0.72 lot acres
    Property size
    43,700 SF
    Property type
    Theaters & concert halls
    APN
    17-10-305-002
    APU
    1710305002

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6272
    Latitude
    41.8854
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $587,769
    $1,371,331
    $1,370,942
    $2,742,273
    -
    $5,485,324
    $5,483,768
    $10,969,092

    Comparable in this City

    • Value Estimation
      $965,000
      278,700 SF

      159 Dearborn St

      THEATER (MOVIE) • 278,700 SF
      159 Dearborn St, Chicago, IL 60601
      View Details
    • Value Estimation by Request
      0.14 Acres

      171 Randolph St

      THEATER (MOVIE) • 0.14 Acres
      171 Randolph St, Chicago, IL 60601-3121
      View Details
    • Value Estimation
      $995,000
      278,700 SF

      32 Randolph St

      THEATER (MOVIE) • 278,700 SF
      32 Randolph St, Chicago, IL 60601-3501
      View Details
    • Value Estimation by Request
      0.19 Acres

      151 Randolph St

      THEATER (MOVIE) • 0.19 Acres
      151 Randolph St, Chicago, IL 60601-6277
      View Details
    • Value Estimation
      $1,020,000
      278,700 SF

      32 Randolph St

      THEATER (MOVIE) • 278,700 SF
      32 Randolph St, Chicago, IL 60601-3501
      View Details
    • Value Estimation by Request
      3,000,000 SF

      Columbus Dr

      Casinos • 3,000,000 SF
      0 Columbus Dr, Chicago, IL 60601
      View Details

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    Similar Nearby for Lease

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    Property Visit Statistics

    • Visits by month
      50.2k
    • Visitors by month
      36.2k
    • Avg Time on site
      226 min
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    175 State St
    Chicago, IL 60601-3623
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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