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    1444 W Lake St Chicago, IL 60607

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    For Sale
    Contact for pricing

    Renovated loft office space near Union Park and Fulton Market.

    Property size:
    2,000 SF
    Lot size:
    0.06 Acres

    Property Features for 1444 W Lake St

    General Information

    Size
    2,000 SF
    Lot size
    0.06 Acres

    Source: CRE Advising Agent Steve Horvath

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

    Overview

    Loft Office Space For Sale

    This second-floor loft office space is suitable for a creative owner-operator. The 2,000 square foot space has been newly renovated, featuring refinished floors, updated lighting, fresh paint, and new kitchen floors. The layout includes one private office or conference room and a kitchen. The space is fully conditioned. The building is located across the street from Union Park and is within walking distance of Randolph's Restaurant Row and the Fulton Market neighborhood. The zoning is PMD-4B. The 2023 taxes were $25,697.
    Insight Report Location Intelligence

    Current Use by Public Records

    MADE Gallery Art Gallery

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -87.6641585
    Latitude
    41.8856412

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    FAQs

    What type of property is this?
    Office space - Renovated loft office space near Union Park and Fulton Market.
    Where is this office space located?
    The property is located at 1444 W Lake St Chicago, IL.
    What are key features of this property?
    This property features: - Prime location directly across from Union Park and walking distance to Randolph's Restaurant Row and Fulton Market.; - Newly renovated space with refinished floors, lighting, paint, and new kitchen floors.; - Suitable for a creative owner-operator.
    (312) 448-6401
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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
    1444 W Lake St Chicago, IL 60607
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