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12872037
12872062

540 North Lake Shore Drive, Chicago, IL 60611 For Lease

Compass Chicago
Listed by Compass Chicago
$29/SF/YR
84 days on market
Updated 59 days ago

540 North Lake Shore Drive

Building Details
Property Type Retail, Office (+1)
Sub Type Coworking, Medical Office (+1)
Tenancy Multiple
Lease Type Modified Gross
Class B
Total Building SqFt 20,000
Min Divisible SqFt 1,248
Max Contiguous SqFt 3,693
Vacant SqFt 4,941
Ceiling Height 12
Year Built 1900

Spaces

Rare 3,693 SF Streeterville storefront in a historic timber loft! Featuring 12' ceilings and exposed brick, this high-visibility space is steps from the Lakefront and Navy Pier. Ideal for retail, office, gallery, or cafe. Prime Ohio St location offers high traffic without the noise, plus easy street parking and reserved spots for rent. Gross Lease at $47/SF (includes CAM). Amazing signage potential in a high-end residential pocket. Available now and easy to show!

Rare 1,48 SF Streeterville storefront in a historic timber loft! Featuring 12' ceilings and exposed brick, this high-visibility space is steps from the Lakefront and Navy Pier. Ideal for retail, office, gallery, or cafe. Prime Ohio St location offers high traffic without the noise, plus easy street parking and reserved spots for rent. Gross Lease at $47/SF (includes CAM). Amazing signage potential in a high-end residential pocket. Available now and easy to show!

Ultra-Rare Streetfront Loft: 12’ Ceilings & Industrial Character Steps from the Lake

Building description

Historic Loft Industrial Character in Prime Lakefront Location

Rare opportunity to secure a high-visibility storefront in one of Streeterville’s few historic timber loft buildings. Located just steps from the Ohio Street beach and the Navy Pier corridor, currently available 3,693 and 1,248 SF units updated commercial loft offers a striking alternative to the neighborhood’s standard modern retail space. Featuring soaring 12’ timber ceilings, exposed brick walls, and immense architectural character, this space provides an immediate "wow factor" for clients and customers alike.

The property is perfectly positioned to capture heavy foot traffic from nearby high-end residential towers, Northwestern Hospital, and the Navy Pier tourist district, yet it sits just far enough away from the direct street noise of Michigan Avenue to offer a professional, focused environment.

Key Features:

  • Prime Visibility: Street-facing storefront with excellent signage opportunities and high-traffic exposure.
  • Unique Aesthetic: Classic 12' timber ceilings and exposed brick—ideal for art galleries, creative agencies, or boutique retail.
  • Convenience: Easy street parking for customers and reserved parking available for rent—a rare find in Streeterville.
  • Turn-Key Value:

Whether you are looking to open a signature coffee shop, a luxury boutique, or a high-end professional office, this space offers the flexibility and "cool factor" to elevate your brand. Available immediately and easy to show.

Building highlights

3,693 and 1,248 Sq. Ft. Units Updated Commercial Loft with incredible character. Ultra rare loft building by the Lake! Retail/Office Storefront Space features a 12' Timber Ceiling and Brick Walls. Fantastic Lakefront at Ohio Location, easy access, High Traffic Location in Historic Loft Building in Streeterville, steps to the Lakefront, Navy Pier, High End Residential, Multiple Service Businesses and Restaurants. Walkable Location away from Street Noise with Easy Street Parking! Fabulous Opportunity, a street facing storefront with Amazing Visibility. Signage! Ideal for Professional Offices, Retail Store, Coffee Shop/ Eatery, or Art Studio & Gallery. Bring your creative Ideas. Reserved Parking available for rent. CAM is$18.53. Available now, easy to show!

Listing Contacts

Compass Chicago
Listed by Compass Chicago

Property History

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