$850,000
( $196.94Per Sq Foot )
 $4,563 est/mo Sourced by Back At You

223 W Lake Street , Chicago, IL 60606

Chicago, IL 60606

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Description

Discover the exceptional investment potential of 223 W. Lake Street, a premier first-floor commercial space situated in the bustling downtown Loop. Offering 4,316 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.

Details

MLS#12257144
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1985
Days On Site53
Listing Provided ByJameson Commercial | Richard Gardella

Features

SQ Feet4,316
Story(s)4
ZoningCOMMR

Market Activity 60606

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60606
AreaCHI Loop
Listing VS Median (in 60606)
Price:
$850,000
low | high
Med:
$379,000
100% of Average
SqFt:
4,316
low | high
Med:
1,000
100% of Average
$ / SqFt:
$197
low | high
Med:
$379
42.442823529412% of Average
On Site:
53
low | high
Med:
70.000000
75.714285714286% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $0 - $0
SqFt: 3,000 - 5,000
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130 N Garland Ct Property Photo 1
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Listing Updated: January 20, 2025 at 9:55:23 PM PST