223 W Lake Street

223 W Lake St, Chicago, IL 60606

  • For Sale Subject To Offer
  • Property Type Multi-Family
  • Property Size 33,100 SF
  • Units 9
  • Lot Size 0.17 Acre
  • Parking Spaces Avail. 8
  • Year Built 1895
  • Year Renovated 2017
  • Date Updated Apr 24, 2024
223 W. Lake Street is located along the south side of Lake Street in Chicago’s Loop Neighborhood. The Property features strong demographics with a population of over 115,000 and an average household income over $155,000 within one (1) mile of the Property. The Property features excellent accessibility located a half mile east of Interstate-90 (I-90) and approximately one (1) mile northeast of I-90/I-290 interchange. Additionally, the Property is located a block west of the Clark/Lake Blue, Brown, Green, Orange, Pink and Purple line “L” Station, and just a few blocks east of Ogilvie Transportation Center. The Property is surrounded by retailers and restaurants in the heart of the loop and several blocks west of Michigan Avenue. Neighboring Retailers include The French Market, Merchandise Mart, Target, Macy’s, Nordstrom Rack, T.J. Maxx, Burlington, Walgreens, Gibson’s Italia, Prime & Provisions, Chicago Cut Steakhouse, Beatrix Market, Chipotle and Starbucks, among many others.REO Mixed-Use Building for sale at 223 W. Lake Street at the north end of Chicago’s Loop neighborhood. The Property was gut-rehabbed in 2017 and converted into eight (8) luxury 3 Bd/3.5 Ba units with one (1) ground floor retail unit, totaling 4,826 square foot. The units feature direct elevator access, engineered hardwood floors, gourmet kitchens with lacquered cabinetry, stainless steel Wolf and Sub-zero appliances, and quartz countertops. The two (2) fifth floor penthouse units have access to 1,000 square foot private rooftop terraces. Additionally, the building features 11.4’ - 14.5’ ceiling heights, two (2) elevators and an underground parking garage consisting of eight (8) parking spaces. The building is extremely well located steps from the River Walk, multiple "L" Stops, Metra Stations, and dozens of restaurants.

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Highlights

  • Gut-rehabbed in 2017 and converted to luxury apartment units with exposed brick
  • Units feature engineered hardwood flooring, gourmet kitchens with modern white cabinetry, stainless steel Wolf and Sub-Zero appliances, quartz countertops, in-unit washer/dryer and individual HVACs
  • Building features key fob security access, two (2) elevators, 11.4'-14.5' ceiling heights, private rooftop decks for both penthouse apartments and an underground parking garage with eight (8) spots
  • Strong demographics with a population over 115,000 and an average household income over $155,000 within one (1) mile of Property
  • Conveniently located within close proximity to Interstate-90, the Clark/Lake Blue, Brown, Green, Orange, Pink and Purple "L" Station, and Ogilvie Transportation Center.
  • Neighboring Retailers include The French Market, Merchandise Mart, Target, Macy’s, Nordstrom Rack, T.J. Maxx, Burlington, Walgreens, Gibson’s Italia, Prime & Provisions, Chicago Cut Steakhouse, Beatrix Market, Chipotle and Starbucks, among many others

Contacts

broker

Matthew Tarshis

Frontline Real Estate Partners

(847) 780-8063

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

  • Washington/Wells

    0.20 miles

  • Clark/Lake

    0.20 miles

  • Merchandise Mart

    0.23 miles

  • taxi rank

    0.24 miles

  • Ogilvie Transportation Center

    0.31 miles

  • Washington

    0.32 miles

  • Clinton

    0.36 miles

  • State/Lake

    0.36 miles

  • Lake

    0.37 miles

  • Monroe

    0.43 miles

  • BP

    0.58 miles

  • BP

    0.71 miles

  • Tesla Supercharger

    0.78 miles

  • Shell

    0.80 miles

  • Shell

    1.05 miles

  • Tesla Supercharger

    1.15 miles

  • Citgo

    1.20 miles

  • Mobil

    1.22 miles

  • BP

    1.36 miles

  • Citgo

    1.69 miles

  • Franklin-Lake Self Park

    0.05 miles

  • Standard Parking Garage

    0.05 miles

  • Lake/Wells Self Park

    0.07 miles

  • Washington Franklin Self Park

    0.12 miles

  • Washington-Madison-Wells Self Park

    0.20 miles

  • Government Center Self Park

    0.23 miles

  • Poetry Garage

    0.27 miles

  • Theater District Self Park

    0.31 miles

  • Orleans-Hubbard Self Park

    0.34 miles

  • Mart Center Self-Park

    0.37 miles

  • The Allegro Royal Sonesta Hotel Chicago Loop

    0.12 miles

  • Hyatt Place Chicago/Downtown - The Loop

    0.19 miles

  • Holiday Inn Chicago Mart Plaza

    0.26 miles

  • La Quinta Inn

    0.26 miles

  • Residence Inn Chicago Downtown/Loop

    0.30 miles

  • Cambria

    0.31 miles

  • The Westin Chicago River North

    0.32 miles

  • The Marquee at Block 37

    0.33 miles

  • Renaissance Chicago Downtown Hotel

    0.35 miles

  • The Kimpton Gray Hotel

    0.35 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

  • Stand-Up Burgers

    0.05 miles

  • Blackwood BBQ

    0.06 miles

  • Freshii

    0.06 miles

  • Pierogi Heaven

    0.06 miles

  • Roti

    0.07 miles

  • Opera School of Chicago

    0.21 miles

  • IIT Institute of Design

    0.26 miles

  • Harold Washington College

    0.42 miles

  • Illinois Institute of Art

    0.43 miles

  • Cortiva Institute

    0.47 miles

  • IIT Stuart School of Business

    0.57 miles

  • Chicago-Kent College of Law

    0.58 miles

  • National College of Education Urban Campus

    0.58 miles

  • Archeworks

    0.61 miles

  • Frances Xavier Warde School

    0.62 miles

  • Bright Horizons

    0.89 miles

  • Cornerstone Children's Learning Center

    1.19 miles

  • Taylor Tots

    1.81 miles

  • The Goddard School

    2.18 miles

  • Adams Street Child Care Center

    2.18 miles

  • New Zion Childcare Academy

    2.48 miles

  • North Avenue Day Nursery

    2.75 miles

  • Rainforest Pre-School & Infant Center

    4.38 miles

  • La Escualita Daycare

    4.75 miles

  • Little Bird Prep

    4.83 miles

Frequently Asked Questions

What is the total square footage of 223 W Lake Street?

223 W Lake Street totals 33,100 square feet.

When was this property built?

223 W Lake Street was built in 1895.

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Contact Listing Broker

broker

Matthew Tarshis

Frontline Real Estate Partners

(847) 780-8063