223 W Lake St
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223 W Lake St
4,316 SF Retail Building Chicago, IL 60606 £668,822 (£155/SF)
Investment Highlights
- Prime 223 W Lake St location.
- Ideal for retail/street retail investment.
- Ample space for retail displays.
- Spacious 4,316 SF building.
- High visibility for foot traffic.
- Attractive storefront for customer appeal.
Executive Summary
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,316 SF
Building Class
C
Year Built
1985
Price
£668,822
Price Per SF
£155
Tenancy
Single
Number of Floors
1
Loading Docks
1 Exterior
Building FAR
1.00
Lot Size
0.10 AC
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (82)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 17-09-430-003-0000 | Improvements Assessment | £70,881 |
Land Assessment | £600,629 | Total Assessment | £671,510 |
PROPERTY TAXES
Parcel Number
17-09-430-003-0000
Land Assessment
£600,629
Improvements Assessment
£70,881
Total Assessment
£671,510
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223 W Lake St
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