One North State — Sale in Chicago, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Chicago, IL 60602
Description
1 North State Street offers premier retail visibility at Chicago's iconic State and Madison intersection, joining TJ Maxx and Burlington Coat Factory with unparalleled foot traffic and over 260,000 daytime population within a half mile.
Market Context
This retail in Chicago, IL is listed for sale. It has been on the market for 78 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
- Steve Schwartz · steve.schwartz@jll.com
- Courtney Rouleau · courtney.rouleau@jll.com
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