$980,000
( $200.00Per Sq Foot )
 $5,261 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 4,900 square feet of flexible space within a mixed-use property, this location is a blank canvas ready to transform into an inspiring creative office or a dynamic retail space. 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, abundant public parking, 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 or a real estate investor aiming to maximize returns 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. This space is in walking proximity to Google's new Chicago Headquarters. Seize this chance to secure a property that blends prime location, adaptability, and growth potential-all in the heart of Chicago. The ventilation ductwork is being removed by owner.

Details

MLS #12596648
Listing TypeFor Sale
StyleRetail/stores
Sub-TypeResale
StatusActive
Year1985
Days On Site63
Listing Provided ByJameson Commercial | Richard Gardella

Features

SQ Feet4,900
Story(s)1
ZoningCOMMR

Interior

CoolingCentral Air

Utilities

ElectricService - 101 to 200 Amps

Taxes

Tax Year2024
Tax Annual Amount0

Area Information

StateIL
CountyCook
CityChicago
Zip Code60606
AreaCHI Loop
Listing VS Median (in 60606)
Price:
$980,000
low | high
Med:
$347,000
100% of Average
sqft:
4,900
low | high
Med:
1,198
100% of Average
$ / sqft:
$200
low | high
Med:
$290
5.175292153589% of Average
On site:
63
low | high
Med:
36.5
100% of Average
Sourced by Back At You

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:
$980,000
low | high
Med:
$347,000
100% of Average
sqft:
4,900
low | high
Med:
1,198
100% of Average
$ / sqft:
$200
low | high
Med:
$290
5.175292153589% of Average
On site:
63
low | high
Med:
36.5
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 4:31:21 PM PDT