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401 South State Street
401 South State Street, Chicago, IL 60605
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- Property Type Office - General Office
- Property Size 463,232 SF
- Lot Size 1.28 Acre
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1891
- City Chicago, IL
- Neighborhood Chicago Loop
- Zip Code 60605
- Market Chicago
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|370 17th Street #5500||MERRILL, (303) 446-5500||23,824 SF||$23/SF/YR||Modified
|370 17th Street
|Morrison & Foerster,
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Average Actual Rents in Chicago
Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.
Asking Rents in Chicago Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $37.56
- 2020 Office Vacancy Rate 10.77%
- 2020 Office Completions (SF) 3,921,538
Chicago Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per SF $340.24
- Y-o-Y Avg. PpSF Change 25.08%
- 2020 Office Sales Volume $1.5B
- 2020 Number of Transactions 13
- Property Tax in 2020 $3,456,932
- Market Value* $66,090,852
- Assessed Value $66,090,852
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
Frequently Asked Questions
What is the total square footage of 401 South State Street?
401 South State Street totals 463,232 square feet.
When was this property built?
401 South State Street was built in 1891.
When was 401 South State Street last sold?
401 South State Street was last sold on 10 Jun, 2016.
What is the property tax for 401 South State Street?
The property tax for 401 South State Street in 2020 was $3,456,932.
What is the market value for 401 South State Street?
The market value* for 401 South State Street in 2020 was $66,090,852.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.
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