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Brick Office Building with High Ceilings
For Lease
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566 W Lake St, Chicago, IL 60661

Brick-and-timber office building featuring high ceilings, available for rent at 566 W Lake St.

Space Size57,863 SF
Days on Market568

Property Features for 566 W Lake St

General Information

Standard status Active
Size 57,863 SF
Property subtype OFFICE

Building Details

Construction brick and timber

Spaces For Lease

at 566 W Lake St
566 W Lake St AVAILABLE, Now
Floor 1,5,6 & 7
Size 57,863 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- High Ceilings - Brick and Timber
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Listing Agency: CBRE | Chicago
Listed By: Jon Milonas
Source: Moodyscre
Added: Apr 7, 2025 Changed: Oct 25 Last Checked: Oct 24 at 6:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Chicago

Rey
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Investment Insights

Based on property information with market context.

Available for rent, this office building at 566 W Lake St in Chicago offers an interior defined by high ceilings. The property is described as a brick and timber structure, giving it a distinct look and feel suited to office uses.

The building encompasses 57,863 square feet. Its combination of high-ceiling volume and brick-and-timber construction may support a range of office layouts, depending on tenant requirements.

For tenants and brokers evaluating space in the area, the building’s volume and architectural character are the key attributes highlighted in the available property information.

Key Highlights

  • Brick‑and‑timber office building available for rent
  • High ceilings

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$22.55 /SF/Yr
Avg Asking Price
$11–$46 /SF/Yr
Price Range
51,730 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

Frequently Asked Questions

What type of property is this?
Office building - Brick-and-timber office building featuring high ceilings, available for rent at 566 W Lake St.
Where is this office building located?
The property is located at 566 W Lake St Chicago, IL.
What are key features of this property?
This property features: Brick‑and‑timber office building available for rent; High ceilings
(312) 935-1897 Call to check price and availability
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