223 W Lake St

223 W Lake St, Chicago, IL 60606

  • For Lease $35.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 4,900 SF
  • Units 1
  • Year Built 1985
  • Year Renovated 2016
  • Date Updated Jul 25, 2025
Discover the vibrant energy of Chicago's West Loop, where the property is nestled amongst a thriving mix of business, dining, and cultural attractions. Boasting a bustling atmosphere, the area is renowned for its renowned dining scene, with acclaimed restaurants and trendy eateries just steps away. Investors will appreciate the proximity to major corporations, transportation hubs, and the renowned Chicago Riverwalk. Showcasing a perfect balance of work and play, the neighborhood is a prime destination for prospective office building investors seeking a dynamic and sought-after location in the heart of Chicago.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. 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.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. 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.
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Highlights

  • Ample space for retail displays
  • Attractive storefront for customer appeal
  • High visibility for foot traffic
  • Ideal for retail/street retail investment
  • Prime 223 W Lake St location
  • Spacious 4,900 SF building

Spaces Available

Contacts

broker

Jameson Commercial

Location

Getting Around

  • Walk Score ®

    99/100 Walker's Paradise
  • Transit Score ®

    100/100 Rider's Paradise
  • Bike Score ®

    82/100 Very Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Chicago Loop
  • Zip Code 60606
  • Market Chicago

Points of Interest

  • Merchandise Mart

    0.23 miles

  • Clinton

    0.33 miles

  • State/Lake

    0.36 miles

  • Lake

    0.37 miles

  • Quincy

    0.46 miles

  • Millennium Station

    0.53 miles

  • Grand

    0.57 miles

  • Adams/Wabash

    0.60 miles

  • Harold Washington Library-State/Van Buren

    0.66 miles

  • Chicago

    0.77 miles

  • BP

    0.58 miles

  • ChargePoint

    0.64 miles

  • Blink

    0.71 miles

  • Volta

    0.72 miles

  • Tesla Supercharger

    0.76 miles

  • Shell

    0.80 miles

  • Blink ParkChip Garage - 1035 Van Buren

    1.12 miles

  • Citgo

    1.20 miles

  • Electrify America

    1.22 miles

  • Marathon

    1.36 miles

  • Franklin-Lake Self Park

    0.05 miles

  • 225 Wacker Self Park

    0.05 miles

  • Standard Parking Garage

    0.05 miles

  • 210 N Wells Self Park

    0.05 miles

  • Lake/Wells Self Park

    0.07 miles

  • 191 N Wacker

    0.07 miles

  • Washington Franklin Self Park

    0.12 miles

  • 120 North LaSalle

    0.13 miles

  • 222 La Salle Public Parking

    0.14 miles

  • 221 La Salle Public Parking

    0.17 miles

  • Chipotle

    0.02 miles

  • Taza

    0.03 miles

  • La Cocina

    0.03 miles

  • Eppy's Deli

    0.04 miles

  • Boar’s Head Cafe

    0.04 miles

  • Dunkin'

    0.05 miles

  • Stand-Up Burgers

    0.05 miles

  • Blackwood BBQ

    0.05 miles

  • Francois Frankie

    0.06 miles

  • Freshii

    0.06 miles

  • The Merchandise Mart

    0.22 miles

  • Chicago French Market

    0.32 miles

  • Block 37 Shops

    0.33 miles

  • Macy's

    0.42 miles

  • Ross

    0.43 miles

  • Saks Off 5th

    0.44 miles

  • Target

    0.45 miles

  • TJ Maxx

    0.45 miles

  • Burlington

    0.47 miles

  • Metro Spice Mart

    0.54 miles

Frequently Asked Questions

How much does retail space at 223 W Lake St cost?

The asking price for retail space at 223 W Lake St is $35.00/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 223 W Lake St?

The property has 4,900 square feet of rentable Retail space. Rental opportunities here are available under Modified Gross lease terms.

Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 223 W Lake St?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 223 W Lake St. For your consideration, you can find 10 parking option(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 223 W Lake St.

Is 223 W Lake St located in a popular area for retail businesses?

The property is part of Chicago Loop, which is home to 126 other retail listings.

Other popular areas for retail businesses in Chicago include Chicago Loop, Lakeview, Near North Side Chicago.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker

Jameson Commercial

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