223 W Lake St - Storefront FOR SALE


Chicago, IL 60606
$850,000 USD
312-296-9669
223 W Lake St, Chicago, IL for Sale
$850,000 USD
Storefront - FOR SALE
1/8
null | Request Cap Rate

223 W Lake St
Chicago, IL 60606


HIGHLIGHTS

  • Prime 223 W Lake St location.
  • Spacious 4,316 SF building.
  • Ideal for retail/street retail investment.
  • High visibility for foot traffic.
  • Ample space for retail displays.
  • Attractive storefront for customer appeal.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$197 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,317 SF

ZONING

-

APN/PARCEL ID

17-09-430-003-0000

ASK ABOUT THIS PROPERTY

Richard GardellaJameson Commercial Real EstateMore Info
312-296-9669

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Richard GardellaJameson Commercial Real EstateMore Info
312-296-9669

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.