Retail Suite at Apartment Building
For Lease
Contact for pricing
215 West Lake Street, Chicago, IL 60606
Former cryotherapy space for lease at the base of a 265-unit Chicago Loop apartment tower with established coffee co-tenancy.
Space Size1,600 SF
Property Size235,000 SF
Days on Market65
Property Features for 215 West Lake Street
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Retail
Building Details
Building Size
235,000 SF
Year Built
2017
Spaces For Lease
at 215 West Lake Street Contact us- Size
- 1,600 SF
- Term
- Negotiable
- Rate
- Contact for pricing
215 W. Lake Street
Listing Agency:
Frontline Real Estate Partners
(847) 542-9058
Listed By:
Matthew Tarshis · License #475156642
(847) 542-9058
Source:
Frontlinerepartners
Added: Jun 7
Changed: Aug 8
Last Checked: Jun 11 at 3:49AM
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
Investment Insights
Based on property information with market context.
This retail suite is a former cryotherapy space offered for lease, positioned at the base of a 265-unit, 33-story apartment building in Chicago’s Loop. The location provides a storefront-style setting suitable for tenants looking to serve nearby residents and daytime visitors, with on-site co-tenants including Big Shoulders Coffee and La Cocina.
The property benefits from a dense mix of commercial and entertainment uses in the surrounding Loop area. The remarks note direct walking distance to the Clark/Lake CTA station, and proximity to destinations such as the Chicago Riverwalk and the Nederlander Theater. Nearby retail options named in the offering include Whole Foods, Target, Mariano’s, Nordstrom, Walgreens, CVS, French Market, Revival Food Hall, and additional dining and services.
For tenants seeking a retail presence tied to both residential foot traffic and commuter access, this suite offers an adaptable, street-level option within a long-established urban submarket. The area is also described as seeing major corporate redevelopment activity, including JPMorgan Chase’s Loop headquarters redevelopment and a $280 million redevelopment of Google’s Chicago headquarters at the Thompson Center, with the offering stating these projects are expected to add over 15,000 new employees to the area.
The property benefits from a dense mix of commercial and entertainment uses in the surrounding Loop area. The remarks note direct walking distance to the Clark/Lake CTA station, and proximity to destinations such as the Chicago Riverwalk and the Nederlander Theater. Nearby retail options named in the offering include Whole Foods, Target, Mariano’s, Nordstrom, Walgreens, CVS, French Market, Revival Food Hall, and additional dining and services.
For tenants seeking a retail presence tied to both residential foot traffic and commuter access, this suite offers an adaptable, street-level option within a long-established urban submarket. The area is also described as seeing major corporate redevelopment activity, including JPMorgan Chase’s Loop headquarters redevelopment and a $280 million redevelopment of Google’s Chicago headquarters at the Thompson Center, with the offering stating these projects are expected to add over 15,000 new employees to the area.
Key Highlights
- 1,600 SF former cryotherapy space for lease at the base of a 235,000 SF, 33‑story Chicago Loop apartment tower
- Located within a 265‑unit residential building in Chicago’s Loop
- Join co‑tenants Big Shoulders Coffee and La Cocina
Property Analytics
Property Profile
Current Use
Lease Details
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
Explore this area
Business Placement
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
$26.48 /SF/Yr
Avg Asking Price
$0.92–$133 /SF/Yr
Price Range
3,957 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Storefront property - Former cryotherapy space for lease at the base of a 265-unit Chicago Loop apartment tower with established coffee co-tenancy.
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 former cryotherapy space for lease at the base of a 235,000 SF, 33‑story Chicago Loop apartment tower; Located within a 265‑unit residential building in Chicago’s Loop; Join co‑tenants Big Shoulders Coffee and La Cocina
