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    400 South Water St Chicago, IL 60601

    For Lease
    Contact for pricing

    Retail space in affluent Lake Shore East neighborhood.

    Property size:
    4,918 SF
    Lot size:
    1.09 Acres

    Property Features for 400 South Water St

    General Information

    Size
    4,918 SF
    Lot size
    1.09 Acres

    Source: Frontline Real Estate Partners, LLC Agent Matthew Tarshis

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

    Overview

    Retail Space in Lake Shore

    This retail space presents a rare opportunity to join the affluent Lake Shore East Neighborhood, a 28-acre mixed-use community characterized by blended green and open spaces. The available unit is located at the base of The Shoreham, a 1,156-unit apartment building. The property is a fully built-out office on the western end cap at the base of The Shoreham. The location is conveniently situated steps from Michigan Avenue, the Chicago Riverwalk, Grant Park, Millennium Park, and Navy Pier. The community provides access to one of the most affluent neighborhoods in Chicago, with additional high rises nearby in River North and the Loop. Lake Shore East is also home to Chicago's third-largest skyscraper, standing 93 stories. The property has a size of 4,918 square feet.
    Location Intelligence

    Current Use by Public Records

    FlexxForce Inc. Business Management Consultant Bortnick Consulting Engineering Consultant Parking Parking Garage SP+ Parking Parking Garage

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Food Market Clothing Store Grocery Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6163881
    Latitude
    41.8868333

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    FAQs

    What type of property is this?
    Retail space - Retail space in affluent Lake Shore East neighborhood.
    Where is this retail space located?
    The property is located at 400 South Water St Chicago, IL.
    What are key features of this property?
    This property features: - Prime location in the affluent Lake Shore East neighborhood, offering access to green spaces and open areas.; - Steps away from Michigan Avenue, the Chicago Riverwalk, Grant Park, Millennium Park, and Navy Pier.; - Fully built-out office space at the base of The Shoreham apartment building.
    (847) 542-9058
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    400 South Water St Chicago, IL 60601
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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
    400 South Water St Chicago, IL 60601
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