Street
State Street Chicago
State Street Chicago is a high street at Chicago, IL, USA, with 141 stores and key tenants including Macy's, 7 Eleven, and Primark. The 10-minute drive-time population is 170,048 with a median household income of $125,438.
Recent Activity in Last 24 months
Dates shown here are when each event was detected. Actual event may have occurred up to 30 days earlier. Next digest sends Sunday.
Unlock to see recent activity at this property
Get started with our Intelligence tier for just $49/month
-8 net stores since Q4 2024
Shrinking tenants · 8 opens, 16 closes
About State Street Chicago
Chicago’s Resilient Retail Corridor: Where History and Reinvention Collide Once known as the beating retail heart of Chicago, State Street remains a vital shopping destination in the Loop. Despite recent challenges, including the impacts of the pandemic and shifts in work patterns, this historic corridor is home to major national chains like Macy’s, Zara, Nordstrom Rack, Sephora, Primark, Saks Off Fifth, Foot Locker and JD Sports. Concentrated between Randolph and Monroe, this stretch still holds a big appeal for both locals and tourists, even as it navigates a changing retail landscape. The State Street Experience State Street has a dynamic and thrilling history, dating back to the late 1800s when it was famously home to department store giants like Marshall Field’s, which is now Macy’s flagship location. Recent years have seen fewer new openings and slower recovery post-pandemic. Unlike Michigan Avenue, State Street offers a more budget-friendly shopping experience, making it accessible to a wider range of shoppers. Its blend of major national retailers, long-standing department stores and proximity to the Theatre District creates a unique mix of commerce and culture. The street remains an essential part of the Loop, attracting a mix of office workers, tourists exploring Chicago’s historic core and students from nearby universities, like DePaul.
Demographics
Local Expert Analysis
Market Positioning and Financial Metrics
State Street’s retail landscape is currently defined by its affordability, with gross rents ranging from $50 to $75 per square foot. Vacancy rates exceed 20%, reflecting ongoing challenges in tenant retention and attraction. However, recent acquisitions of b... Read more
New Developments
Several buildings along State Street have entered receivership, paving the way for new investors to potentially reposition these properties with more competitive leasing options. This could attract both new tenants and national brands looking to capitalize on lower rent costs. A reason to carefully ... Read more
News & Alerts
Tenant Mix by Category
94 brands across 34 categories
All Tenants
See the full tenant roster and category breakdown
Get started with our Intelligence tier for just $49/month