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Street-Level Retail at Apartment Tower
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215 West Lake Street, Chicago, IL 60606

Lease a street-level storefront space suited for neighborhood-serving retail at the base of a large Loop apartment tower.

Space Size1,600 SF
Property Size235,000 SF
Days on Market85

Property Features for 215 West Lake Street

General Information

Standard status Active
Size 1,600 SF
Property subtype Retail

Additional Details

Multifamily Units 265

Building Details

Building Size 235,000 SF
Year Built 2017

Spaces For Lease

at 215 West Lake Street Contact us

215 W. Lake Street

Size
1,600 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Frontline Real Estate Partners, LLC
Listed By: Matthew Tarshis · License #471022713
Source: Frontlinerepartners
Added: Jun 12 Changed: Sep 4 Last Checked: Aug 8 at 11:19AM

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 Frontline Real Estate Partners, LLC

Investment Insights

Based on property information with market context.

Available for lease is a 1,600-square-foot street-level storefront located at the base of a 235,000-square-foot, 265-unit, 33-story apartment tower in the Chicago Loop. The space is positioned as in-line with existing co-tenants Big Shoulders Coffee and La Cocina.

The property is set within the Loop, with direct walking distance to the Clark/Lake CTA station. Public remarks also cite ongoing redevelopment activity in the area, including JPMorgan Chase’s Loop headquarters redevelopment and Google’s Chicago headquarters redevelopment at the Thompson Center, totaling $280 million and adding over 15,000 new employees. Surrounding retail options noted in the listing include Chicago’s French Market, Revival Food Hall, Whole Foods, Target, Mariano’s, Nordstrom, Walgreens, CVS, Beatrix, Rosati’s, UPS, Dog Haus, Potbelly, Gibson’s Italia, and Bavette’s Bar & Boeuf, among others.

This configuration can work well for retailers seeking a visible, street-level presence near transit and dense day-to-day activity. The location’s proximity to major redevelopment and a wide mix of established retailers may support a customer-facing business that benefits from foot traffic and walkable neighborhood retail adjacency.

Key Highlights

  • 1,600 SF street‑level retail space for lease at the base of a 33‑story, 265‑unit apartment tower (235,000 SF).
  • Located in the Chicago Loop, joining co‑tenants Big Shoulders Coffee and La Cocina.
  • Direct walking distance to the Clark/Lake CTA station.

Property Analytics

Current Use

Cleaning X-perts Hardware & Home Improvement Cloud 9 Lofts Vacation Rental LINEA Apartment Complex Corporate Suites Network Vacation Rental FoodsTrade Food Processing Plant

Suggested Use

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

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

265
Residential units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

43,367
Businesses Nearby
241k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 42% Dining 40% Groceries 8% Apparel 6%
McDonald's Dining
65,567 visits/mo 0.5 miles
theWit Chicago - a DoubleTree by Hilton Hotel Hotels & Casinos
35,939 visits/mo 0.3 miles
Hampton Inn & Suites Chicago Downtown By Hilton Hotels & Casinos
26,716 visits/mo 0.4 miles
Hyatt Place Chicago/River North Hotels & Casinos
22,052 visits/mo 0.4 miles
Binny's Beverage Depot Groceries
18,399 visits/mo 0.4 miles

Demographics for 60606, IL

3,797
Population
3,032
Households
1.3
Avg Household Size
34
Median Age
93%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
18,985
Density / Sq Mi
$139,148
Median Household Income
$107,490
Median Earnings
$2,535
Median Rent
$366,500
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$29.35 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
3,737 SF
Avg Space Size

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Lease a street-level storefront space suited for neighborhood-serving retail at the base of a large Loop apartment tower.
Where is this storefront property located?
The property is located at 215 West Lake Street Chicago, IL.
What are key features of this property?
This property features: 1,600 SF street‑level retail space for lease at the base of a 33‑story, 265‑unit apartment tower (235,000 SF).; Located in the Chicago Loop, joining co‑tenants Big Shoulders Coffee and La Cocina.; Direct walking distance to the Clark/Lake CTA station.
More about this property
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