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223 W Lake St 4,900 SF of Retail Space Available in Chicago, IL 60606

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HIGHLIGHTS

  • Situated in Chicago’s Loop, 223 W. Lake Street benefits from high visibility, heavy foot traffic, and proximity to major transit hubs
  • Located within a mixed-use building from the early 1980s, the property aligns with modern trends in urban development
  • Spanning 4,316 square feet, this first-floor commercial space features a flexible floor plan ideal for a wide range of uses
  • This property is positioned to capitalize on long-term market trends and rental income potential.

ALL AVAILABLE SPACE(1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor, Ste Retail
  • 4,900 SF
  • Negotiable
  • $48.86 CAD/SF/YR $4.07 CAD/SF/MO $239,400 CAD/YR $19,950 CAD/MO
  • Retail
  • Full Build-Out
  • Now

Discover the exceptional investment potential of 223 W. Lake Street, a premier fi rest-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-aft er 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.

  • Lease rate does not include certain property expenses
  • Located in-line with other retail
  • Central Air and Heating
  • Fully Built-Out as Standard Retail Space
  • Space is in Excellent Condition
Space Size Term Rental Rate Space Use Condition Available
1st Floor, Ste Retail 4,900 SF Negotiable $48.86 CAD/SF/YR $4.07 CAD/SF/MO $239,400 CAD/YR $19,950 CAD/MO Retail Full Build-Out Now

1st Floor, Ste Retail

Size
4,900 SF
Term
Negotiable
Rental Rate
$48.86 CAD/SF/YR $4.07 CAD/SF/MO $239,400 CAD/YR $19,950 CAD/MO
Space Use
Retail
Condition
Full Build-Out
Available
Now

1st Floor, Ste Retail

Size 4,900 SF
Term Negotiable
Rental Rate $48.86 CAD/SF/YR
Space Use Retail
Condition Full Build-Out
Available Now

Discover the exceptional investment potential of 223 W. Lake Street, a premier fi rest-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-aft er 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.

  • Lease rate does not include certain property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air and Heating

PROPERTY FACTS

Total Space Available 4,900 SF
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 32,182 SF
Year Built 2017
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Equinox
Corepower Yoga
Starbucks
Peet's Coffee
Dollop Coffee Co.
Biggby Coffee
U.S. Bank
Wells Fargo
Fifth Third Bank
Bank of America
  • Listing ID: 36953238

  • Date on Market: 2025-07-28

  • Last Updated:

  • Address: 223 W Lake St, Chicago, IL 60606

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