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.

141 stores

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.

Closed
T-Mobile129 N Wabash Ave · Wabash Randolph
Closed ~Jul 2026
Coming soon
Portillo's304 North Michigan Avenue
Coming soon Q2 2026
Closed
Subway29 W. Lake Street
Closed ~Jun 2026

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Locations · Growth Trajectory

-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

Restaurant - Fast Casual
13 (13.8%)
Restaurant - QSR/Fast Food
13 (13.8%)
Clothing - Family/Unisex
7 (7.4%)
Banks + Financial Services
6 (6.4%)
Gyms + Fitness Facilities
5 (5.3%)
Optical
4 (4.3%)
Footwear
3 (3.2%)
Restaurant - Fine Dining
3 (3.2%)
Communications
3 (3.2%)
Restaurant - Coffee/Tea
3 (3.2%)
Restaurant - Bakery/Desserts
3 (3.2%)
Office Supplies
2 (2.1%)
Department Store
2 (2.1%)
Restaurant - Juice Bars
2 (2.1%)
Shipping
2 (2.1%)
Sports + Recreation
2 (2.1%)
Drug Stores + Pharmacies
2 (2.1%)
Convenience Store
2 (2.1%)
Clothing - Womens
2 (2.1%)
Vitamins, Nutrition, and Supplements
1 (1.1%)
Books
1 (1.1%)
Car + Truck Rentals
1 (1.1%)
Cosmetics + Beauty Supplies
1 (1.1%)
Crafts, Toys, and Hobbies
1 (1.1%)
Dental
1 (1.1%)
Discount Stores
1 (1.1%)
Home + Housewares
1 (1.1%)
Jewelry
1 (1.1%)
Misc. Health Supplies + Services
1 (1.1%)
Restaurant - Casual
1 (1.1%)
Restaurant Group
1 (1.1%)
Shared Offices + Coworking
1 (1.1%)
Tax Services
1 (1.1%)
Amusement
1 (1.1%)

All Tenants

Address
Macy's
Macy's
Department Store
N/A
N/A
7 Eleven
7 Eleven
Convenience Store
N/A
Mar 2018
Primark
Primark
Clothing - Family/Unisex
N/A
May 2021
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See the full tenant roster and category breakdown

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