Timber Loft Creative
For Sale
$499,000
566 W Lake Street, Chicago, IL 60661
Commercial Sale, Chicago, IL
Property Size4,593 SF
Lot Size0.11 Acres
Price / SF$108.64
Days on Market198
Property Features for 566 W Lake Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
OFFIC
Directions
Northeast corner of Lake and Jefferson
Subdivision
CHI - Near West Side
Standard status
Active
APN
17093150290000
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
40000
Utilities
Cooling system
Window Unit(s)
Amenities
private conference rooms
kitchenette
server room
storage areas
bathrooms
Building Details
Year built
1920
Flooring type
Tile, Concrete, Carpet
Listing Agency:
Ascot Realty Group, Inc.
(312) 849-3100
Listed By:
Denis Ascot · License #471020943
(312) 320-0808
Added: Feb 28
Changed: Sep 12
Last Checked: Sep 14 at 3:06AM
MLS# 12580166
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This creative space occupies a classic timber loft built in 1920, with an open layout and a mix of tile, carpet, and concrete flooring. The property includes two private conference rooms, a kitchenette, two storage areas, and bathrooms, with window-unit cooling.
The property is located on W Lake Street in Chicago’s Fulton River District, blocks from Fulton Market. The Green Line Clinton station is immediately adjacent, while Ogilvie Train Station is a five-minute walk away.
The property is located on W Lake Street in Chicago’s Fulton River District, blocks from Fulton Market. The Green Line Clinton station is immediately adjacent, while Ogilvie Train Station is a five-minute walk away.
Key Highlights
- Classic timber loft built in 1920
- Open layout with two private conference rooms
- Kitchenette, two storage areas, and bathrooms
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
25,147
Businesses Nearby
Explore this area
Business Placement
Demographics for 60661, IL
11,987
Population
8,049
Households
1.5
Avg Household Size
32
Median Age
88%
College-Educated
99%
High-School Grad
0.3 sq mi
ZIP Area
39,957
Density / Sq Mi
$138,831
Median Household Income
$105,935
Median Earnings
$2,403
Median Rent
$397,700
Median Home Value
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Market
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Creative space - Open-plan commercial space with conference rooms, a kitchenette, storage areas, and bathrooms.
Where is this creative space located?
The property is located at 566 W Lake Street Chicago, IL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Classic timber loft built in 1920; Open layout with two private conference rooms; Kitchenette, two storage areas, and bathrooms
