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    1230 W Lake St Chicago, IL 60607

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    For Lease
    Contact for pricing

    Spacious retail property with high ceilings and dedicated parking.

    Property size:
    12,800 SF
    Lot size:
    0.55 Acres

    Property Features for 1230 W Lake St

    General Information

    Size
    12,800 SF
    Lot size
    0.55 Acres
    Source: Moodyscre

    Listing Agent: Phillip Golding

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    West Loop Retail Space Available

    This retail property features 12,800 square feet of space and boasts 20-foot ceiling heights to the bottom of the deck. It includes 15 or more dedicated parking spaces. The property is located an 8-minute walk from the Morgan CTA Station. There is potential to convert parking into outdoor seating.
    Location Intelligence

    Current Use by Public Records

    Tammi Jefferson Occupational Therapist Concentra Urgent Care Occupational Health Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6579995
    Latitude
    41.8859246

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    FAQs

    What type of property is this?
    Retail space - Spacious retail property with high ceilings and dedicated parking.
    Where is this retail space located?
    The property is located at 1230 W Lake St Chicago, IL.
    What are key features of this property?
    This property features: - 15+ dedicated parking spaces; - Just an 8-minute walk to Morgan CTA Station; - Impressive 20' ceiling heights to bottom of deck
    (312) 935-1400
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    1230 W Lake St Chicago, IL 60607
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    Chicago, IL 60607
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1230 W Lake St Chicago, IL 60607
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