Listed by Jameson Commercial Real Estate
$35/SF/YR
223 W Lake St
Building Details
Property Type Retail
Sub Type Commercial
Tenancy Single
Lease Type NNN
Class C
Total Building SqFt 4,900
Vacant SqFt 4,900
Year Built 1985
Spaces
Lease Rate: $35.00 SF/yr (NN)
Retail | Single tenant | 4,900 SqFt
Building description
Discover the exceptional investment potential of 223 W. Lake Street, a premier first-floor commercial space situated in the bustling downtown Loop. Offering 4,900 square feet of flexible space within an early 1980s mixed-use property, this location is a blank canvas ready to transform into an inspiring creative office or a dynamic retail showroom. Boasting a highly sought-after Lake Street address, this property is surrounded by the vibrant energy of Chicago's central business district, with unparalleled foot traffic and proximity to transportation hubs. The expansive floor plan provides the versatility to cater to various business needs, from modern collaborative workspaces to captivating retail environments that draw customers in. Whether you're a business owner seeking a strategic location, a real estate investor aiming to maximize returns, or an asset manager looking to diversify into Chicago's thriving market, 223 W. Lake Street presents an unmatched opportunity to establish a presence in one of the city's most dynamic corridors. Seize this chance to secure a property that blends prime location, adaptability, and growth potential—all in the heart of Chicago.
Discover the vibrant energy of Chicago's Loop/West Loop, where the property is nestled amongst a thriving mix of business, dining, and cultural attractions. Boasting a bustling atmosphere, the area is renowned for its renowned dining scene, with acclaimed restaurants and trendy eateries just steps away. Investors will appreciate the proximity to major corporations, transportation hubs, and the renowned Chicago Riverwalk. Showcasing a perfect balance of work and play, the neighborhood is a prime destination for prospective office building investors seeking a dynamic and sought-after location in the heart of Chicago.
Building highlights
Prime location:
- Situated in chicago’s loop, 223 w. lake street benefits from high visibility, heavy foot traffic, and
- Proximity to major transit hubs, including cta lines, metra, and downtown’s business and cultural
- Landmarks.
2. expansive and versatile layout:
- Spanning 4,316 square feet, this first-floor commercial space features a flexible floor plan
- Ideal for a wide range of uses, including creative offices or an eye-catching retail showroom.
3. mixed-use property potential:
- Located within a mixed-use building from the early 1980s, the property aligns with modern trends in
- Urban development, offering opportunities for complementary business uses in the same structure.
4. growing market dynamics:
- With chicago’s downtown loop experiencing continued growth and high demand for adaptable
- Commercial spaces, this property is positioned to capitalize on long-term market trends and rental
- Income potential.
Listing Contacts
Listed by Jameson Commercial Real Estate
Map
Property History
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