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1101 S State St
Chicago, IL 60605
 Walgreens Anchored Retail | South Loop Retail · Multifamily Property For Sale · 159 Units

Apartment Buildings Illinois Chicago 1101 S State St, Chicago, IL 60605

INVESTMENT HIGHLIGHTS

  • The Shops at State Place offers a prominent 61,639 SF retail center located at 1103-1155 S State Street in Chicago, IL.
  • Rare urban value-add asset with a 7.2% NOI CAGR, stable in-place cash flow with a 5+ year weighted average term allowing stability to reach returns.
  • This technology investment is unique to this location and is the first in the nation to be implemented showing corporate commitment to the center.
  • In 2023 Walgreens invested over $2M in the Shops at State location to leverage technology for a convenience driven shopping experience.
  • Prime location in one of Chicago's fastest-growing neighborhoods, the South Loop, which saw a 35% population increase from 2010-2020.
  • Over 57,000 residents live within one mile of the property.

PROPERTY FACTS

Sale Condition Auction Sale Lot Size 1.29 AC
Type of Ownership Fee Simple Building Size 263,090 SF
No. Units 159 No. Stories 24
Property Type Multifamily Year Built 2003
Property Subtype Apartment Parking Ratio 1.96/1,000 SF
Apartment Style Hi-Rise No. Drive In / Grade-Level Doors 2
Building Class A Parcel Numbers
17-15-308-033-0000
  • 17-15-308-035-0000
  • 17-15-308-036-0000
  • 17-15-308-037-0000
  • 17-15-308-039-1010
  • 17-15-308-039-1032
  • 17-15-308-039-1033
  • 17-15-308-039-1038
  • 17-15-308-039-1049
  • 17-15-308-039-1055
  • 17-15-308-039-1056
  • 17-15-308-039-1060
  • 17-15-308-039-1071
  • 17-15-308-039-1086
  • 17-15-308-039-1091
  • 17-15-308-039-1097
  • 17-15-308-039-1103
  • 17-15-308-039-1105
  • 17-15-308-039-1106
  • 17-15-308-039-1133
  • 17-15-308-039-1143
  • 17-15-308-039-1148
  • 17-15-308-039-1161
  • 17-15-308-039-1164
  • 17-15-308-039-1166
  • 17-15-308-039-1172
  • 17-15-308-039-1181
  • 17-15-308-039-1185
  • 17-15-308-039-1190
  • 17-15-308-039-1195
  • 17-15-308-039-1197
  • 17-15-308-039-1201
  • 17-15-308-039-1211
  • 17-15-308-039-1212
  • 17-15-308-039-1216
  • 17-15-308-039-1226
  • 17-15-308-039-1227
  • 17-15-308-039-1232
  • 17-15-308-039-1239
  • 17-15-308-039-1250
  • 17-15-308-039-1271
  • 17-15-308-039-1272
  • 17-15-308-039-1275
  • 17-15-308-039-1276
  • 17-15-308-039-1279
  • 17-15-308-039-1282
  • 17-15-308-039-1285
  • 17-15-308-039-1287
  • 17-15-308-039-1291
  • 17-15-308-039-1296
  • 17-15-308-039-1297
  • 17-15-308-039-1303
  • 17-15-308-039-1315
  • 17-15-308-039-1329
  • 17-15-308-039-1333
  • 17-15-308-039-1336
  • 17-15-308-039-1348
  • 17-15-308-039-1350
  • 17-15-308-039-1381
  • 17-15-308-039-1398
  • 17-15-308-039-1404
  • 17-15-308-039-1414
  • 17-15-308-039-1416
  • 17-15-308-039-1439
  • 17-15-308-039-1443
  • 17-15-308-039-1445
  • 17-15-308-039-1457
  • 17-15-308-039-1459
  • 17-15-308-039-1465
  • 17-15-308-039-1475
  • 17-15-308-039-1477
  • 17-15-308-040-0000
  • 17-15-308-041-0000
  • 17-15-308-042-0000
  • 17-15-308-043-0000
Zoning DX-12
Sale Condition Auction Sale
Type of Ownership Fee Simple
No. Units 159
Property Type Multifamily
Property Subtype Apartment
Apartment Style Hi-Rise
Building Class A
Lot Size 1.29 AC
Building Size 263,090 SF
No. Stories 24
Year Built 2003
Parking Ratio 1.96/1,000 SF
No. Drive In / Grade-Level Doors 2
Zoning DX-12
Parcel Numbers
17-15-308-033-0000
  • 17-15-308-035-0000
  • 17-15-308-036-0000
  • 17-15-308-037-0000
  • 17-15-308-039-1010
  • 17-15-308-039-1032
  • 17-15-308-039-1033
  • 17-15-308-039-1038
  • 17-15-308-039-1049
  • 17-15-308-039-1055
  • 17-15-308-039-1056
  • 17-15-308-039-1060
  • 17-15-308-039-1071
  • 17-15-308-039-1086
  • 17-15-308-039-1091
  • 17-15-308-039-1097
  • 17-15-308-039-1103
  • 17-15-308-039-1105
  • 17-15-308-039-1106
  • 17-15-308-039-1133
  • 17-15-308-039-1143
  • 17-15-308-039-1148
  • 17-15-308-039-1161
  • 17-15-308-039-1164
  • 17-15-308-039-1166
  • 17-15-308-039-1172
  • 17-15-308-039-1181
  • 17-15-308-039-1185
  • 17-15-308-039-1190
  • 17-15-308-039-1195
  • 17-15-308-039-1197
  • 17-15-308-039-1201
  • 17-15-308-039-1211
  • 17-15-308-039-1212
  • 17-15-308-039-1216
  • 17-15-308-039-1226
  • 17-15-308-039-1227
  • 17-15-308-039-1232
  • 17-15-308-039-1239
  • 17-15-308-039-1250
  • 17-15-308-039-1271
  • 17-15-308-039-1272
  • 17-15-308-039-1275
  • 17-15-308-039-1276
  • 17-15-308-039-1279
  • 17-15-308-039-1282
  • 17-15-308-039-1285
  • 17-15-308-039-1287
  • 17-15-308-039-1291
  • 17-15-308-039-1296
  • 17-15-308-039-1297
  • 17-15-308-039-1303
  • 17-15-308-039-1315
  • 17-15-308-039-1329
  • 17-15-308-039-1333
  • 17-15-308-039-1336
  • 17-15-308-039-1348
  • 17-15-308-039-1350
  • 17-15-308-039-1381
  • 17-15-308-039-1398
  • 17-15-308-039-1404
  • 17-15-308-039-1414
  • 17-15-308-039-1416
  • 17-15-308-039-1439
  • 17-15-308-039-1443
  • 17-15-308-039-1445
  • 17-15-308-039-1457
  • 17-15-308-039-1459
  • 17-15-308-039-1465
  • 17-15-308-039-1475
  • 17-15-308-039-1477
  • 17-15-308-040-0000
  • 17-15-308-041-0000
  • 17-15-308-042-0000
  • 17-15-308-043-0000

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Washer/Dryer
  • Heating
  • Kitchen
  • Granite Countertops
  • Tub/Shower
  • Walk-In Closets

SITE AMENITIES

  • 24 Hour Access
  • Fitness Center
  • Pool
  • Property Manager on Site
  • Doorman
  • On-Site Retail
  • Pet Play Area
  • Storage Space
  • Bicycle Storage
  • Elevator

LINKS

 

  • Listing ID: 28606961

  • Date on Market: 5/30/2023

  • Last Updated:

  • Address: 1101 S State St, Chicago, IL 60605

The South Loop Multifamily Property at 1101 S State St, Chicago, IL 60605 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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