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1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit Retail
  • 4,900 SF
  • Retail
  • $980,000 ($200.00/SF)
  • -
Sale Type Investment or Owner User
No. Parking Spaces 1
APN/Parcel ID 17-09-430-023-0000
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 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.
Sale Notes
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 retail condo space, 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.
Unit Unit Size Condo Use Price NOI
Unit Retail 4,900 SF Retail $980,000 ($200.00/SF) -

Unit Retail

Unit Size
4,900 SF
Condo Use
Retail
Price
$980,000 ($200.00/SF)
NOI
-

Unit Retail

Unit Size 4,900 SF
Condo Use Retail
Price $980,000 ($200.00/SF)
NOI -
Sale Type Investment or Owner User
No. Parking Spaces 1
APN/Parcel ID 17-09-430-023-0000
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 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.</li></ul>
Sale Notes
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 retail condo space, 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&#39;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&#39;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&#39;s thriving market, 223 W. Lake Street presents an unmatched opportunity to establish a presence in one of the city&#39;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.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 32,182 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class B
Floors 5
Typical Floor Size 6,436 SF
Year Built 2017
Lot Size 0.17 AC
Parking Ratio 0.25/1,000 SF
Zoning DC-16

Amenities

Site Amenities

  • Elevator

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+3.5 8 - 2,718 - 3,308
Very walkable
80/100
Fairly drivable
40/100
Exceptional public transit
100/100
Very bikeable
80/100
  • Listing ID: 36953230

  • Date on Market: 7/28/2025

  • Last Updated:

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

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223 W Lake St - Retail Condo

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