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Highlights
- 10 South State Street is the center of Chicago’s central business district and two blocks from Millennium Park, Illinois’ #1 tourist destination
- Located adjacent to CTA Red Line Station, which averages over 3.3 million riders per year
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,311 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 2nd Floor | 6,586 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
• Incredible flagship opportunity in the heart of the State Street retail district • Unparalleled two level branding opportunity amongst premier retail co-tenancy • Highly visible signage opportunity with over 60’ of frontage, (120+ combined) • State Street is in the heart of Chicago’s central business district surrounded by dense office population, great hotel concentration, theaters and 16 educational institutions • Located in close proximity to the Monroe Red Line Station which has an average of 3.3 million riders per year
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 12,897 SF of adjacent space
- 1 Loading Dock
- Central Air and Heating
2nd Floor
• Incredible flagship opportunity in the heart of the State Street retail district • Unparalleled two level branding opportunity amongst premier retail co-tenancy • Highly visible signage opportunity with over 60’ of frontage, (120+ combined)
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 12,897 SF of adjacent space
- Central Air and Heating
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 12,897 SF | Gross Leasable Area | 30,802 SF |
| Property Type | Retail | Year Built | 1994 |
| Property Subtype | Storefront |
| Total Space Available | 12,897 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 30,802 SF |
| Year Built | 1994 |
About the Property
10-20 S State Street is a 14,284 total SF retail building located in Chicago, Illinois. This property is the center of Chicago’s central business district and two blocks from Millennium Park, Illinois’ .#1 tourist destination
- Bus Line
- Metro/Subway
- Signage
Nearby Major Retailers
Presented by
10 S State St
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