1501 State StChicago, IL 60605

Property Details for 1501 State St

Year built

1996

Lot size

0.19 AC

Property type

Commercial real estate

APN

17-22-106-075

APU

1722106075

Description

This exceptional property at 1501 S State St, Chicago, IL 60605, offers multiple flexible spaces ideal for a variety of uses. Located in the vibrant South Loop neighborhood, this 19,563 square foot building, constructed in 1996, sits on a 0.19-acre lot and is zoned DX-12. The building features one structure with ground floor retail spaces ranging from a minimum of 834 square feet to a maximum contiguous space of 1,158 square feet. These second-generation spaces boast existing infrastructure, making them readily adaptable for retail, salon, office, medical, or food-related businesses. The property benefits from a prime location on State Street, situated within a building that also houses 182 residential condos, ensuring a steady flow of potential customers. Enjoy excellent co-tenancy with Kindercare located nearby. The South Loop's popularity is on the rise, fueled by its proximity to the Loop, lakefront attractions (Soldier Field, Field Museum, Shedd Aquarium, Grant Park), and a thriving community of young professionals and students. This area offers a diverse culinary scene, ample shopping, and exciting new developments, making it an attractive destination for both residents and visitors. The property's strategic location and versatile spaces present a unique opportunity for businesses seeking a thriving and convenient location in Chicago's dynamic South Loop. Cross Street is E 14th Pl.

• Alternative Use

  Use

  Valuation

  Residential

  $2,982,134

  Hospitality

  $2,731,618

  Educational

  $2,272,674

  Medical

  $2,350,835

  Retail

  $3,535,272

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.8621

Longitude

-87.6269

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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