133 S State St

Chicago, IL

Location: Chicago
Neighborhood: Loop
Status: Available for Lease
Acquisition Date: March 2017
Asset Type: Urban Street
Tenant(s): Journeys
Gross Square Footage: 11,400

133 S State Street offers retailers a multi-level opportunity with significant branding potential on one of the most prominent shopping corridors in Chicago. L3 purchased the Property in 2017 as part of a programmatic joint venture with the State Teachers Retirement System of Ohio. The 22,508 square foot building sits on a 5,900 square foot lot and is zoned DX-16, the City’s most flexible designation that allows for rooftop operations, restaurants & bars, lodging (including hotel, motel, bed & breakfast, vacation rental, shared housing), office, and retail. The zoning designation permits a maximum base floor area ratio of 16.0, with the ability to participate in the City’s FAR bonus programs. The Property benefits from 40 feet of frontage along State Street Corridor and is located directly in front of a CTA El station entrance. 133 S State is currently occupied by Journeys.

Property Highlights

  • 22,508 SF Available
  • DX-16 Zoning
  • 40 FT of frontage
  • Significant branding potential

Leave a Comment