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Office Suite with Modern Finishes
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For Lease
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566 W Lake Street, Chicago, IL 60661

Commercial Lease, Chicago, IL

Space Size2,000 SF
Lot Size2.00 Acres
Days on Market2

Property Features for 566 W Lake Street

General Information

Property type Commercial Lease
Property subtype Office
Directions I-90 - East - W Ohio St - South - N Orleans St - West - W Kinzie St - South - N Canal St - West - W Lake St - The building is on the right hand side.
Subdivision Confidential Commercial Listings
Standard status Active
APN 17093150310000
Lot size 2.00 Acres

Utilities

Cooling system Central Air

Building Details

Year built 1918
Listing Agency: Keller Williams Infinity · Keller Williams Realty
Listed By: Kamil Tharani · License #475171491
Added: Aug 19 Last Checked: Aug 20 at 7:06PM
MLS# 12735239

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.

Suite 240 provides approximately 2,000 square feet of office space within a 1918 commercial building. The layout is open and efficient, with modern finishes and central air conditioning. The space is suited to corporate, administrative, client-facing, professional services, consulting, and technology-oriented office operations.

Located at 566 W Lake Street in Chicago, the suite offers access to public transit, major expressways, and the city’s business district. The property combines a defined office setting with a flexible interior arrangement for businesses seeking a centrally connected workplace.

Key Highlights

  • Approximately 2,000 square feet in Suite 240
  • Open and efficient office layout with modern finishes
  • Central air conditioning

Property Analytics

Current Use

Arbor Lodging Partners Corporate Office Encircle Wellness Physician Law Offices of Aaron ... Law Firm Merritt Legal Records Financial Advisor Ascot Realty Group ... Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Clothing & Fashion Store Adult Day Care Restaurant Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

25,147
Businesses Nearby

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

Market

Lease Benchmarks for Chicago, IL

$29.31 /SF/Yr
Avg Asking Price
$6.8–$133 /SF/Yr
Price Range
13,714 SF
Avg Space Size

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Open-plan workspace with central air and a contemporary interior finish package.
Where is this office units located?
The property is located at 566 W Lake Street Chicago, IL.
What are key features of this property?
This property features: Approximately 2,000 square feet in Suite 240; Open and efficient office layout with modern finishes; Central air conditioning
More about this property
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