35 South State Street — Sale in Chicago, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Chicago, IL 60603
Description
Flagship opportunity in the heart of the State Street retail district ± 26,675 square feet of space (ground plus lower level), located directly in between Target and Vans ±65' of frontage on State St Two-story branding opportunity Ceiling heights: ±17'10" on 1st floor ±10'6" on the lower level
Market Context
This retail in Chicago, IL is listed for sale. It has been on the market for 196 days. Compare it against other retail listings for sale in Chicago, IL — view the full market.
As of Q1 2026, the Chicago retail market showed average asking rents near $22.27/SF/yr, and cap rates around 8.2%. Source: multiple brokerage reports, Q1 2026.
Retail market FAQ
- What is the typical cap rate for retail in Chicago?
- About 8.2% as of Q1 2026, per multiple brokerage reports.
Contact
- Danny Jacobson · +1 312 935 1901 · danny.jacobson@cbre.com
- Meredith Oliver · +1 312 935 1904 · Meredith.oliver@cbre.com
- Stephen Ansani · 312 935 1907 · Stephen.ansani@cbre.com
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