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Fully Built-Out Office Endcap Suite
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400 E South Water St, Chicago, IL 60601

Western-end-cap office suite at the base of The Shoreham apartment building, fully built out for immediate occupancy.

Space Size4,918 SF
Days on Market736

Property Features for 400 E South Water St

General Information

Standard status Active
Size 4,918 SF
Property subtype RETAIL

Site & Location

Neighborhood New Eastside

Spaces For Lease

at 400 E South Water St
400 E South Water St AVAILABLE, Now
Floor 1
Size 4,918 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Rare opportunity to join the affluent Lake Shore East Neighborhood, a 28-acre mixed use community with an abundance of blended green and open spaces - Available unit is located at the base of the Shoreham, a 1,156-unit apartment building - Fully built-out office on the western end cap at the base of The Shoreham - Conveniently located steps from Michigan Avenue, the Chicago Riverwalk, Grant Park, Millennium Park and Navy Pier - The community offers 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-stores
Contact us
Listing Agency: Frontline Real Estate Partners, LLC
Listed By: Matthew Tarshis · License #471022713
Source: Moodyscre
Added: Oct 24, 2024 Changed: Oct 25 Last Checked: Oct 28 at 10:34AM

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

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Investment Insights

Based on property information with market context.

This fully built-out office suite is located on the western end cap at the base of The Shoreham, a 1,156-unit apartment building. The space is presented as office-ready, with the interior completed for office use.

The suite sits within Lake Shore East, a 28-acre mixed-use community with extensive green and open space. The location places you steps from Michigan Avenue, the Chicago Riverwalk, Grant Park, Millennium Park, and Navy Pier.

The Shoreham is part of a broader high-rise environment within Lake Shore East, which also includes Chicago’s third largest skyscraper by number of stories at 93 floors.

Key Highlights

  • Western end‑cap office suite at the base of The Shoreham apartment building
  • Office suite is fully built out for immediate occupancy
  • The Shoreham is a 1,156‑unit apartment building

Property Analytics

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

Current Use

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

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Adult Day Care Tanning Salon Tattoo & Piercing Shop

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

18,871
Businesses Nearby

Demographics for 60601, IL

15,814
Population
10,727
Households
1.5
Avg Household Size
36
Median Age
86%
College-Educated
95%
High-School Grad
0.4 sq mi
ZIP Area
39,535
Density / Sq Mi
$127,323
Median Household Income
$100,078
Median Earnings
$2,451
Median Rent
$495,400
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

$26.72 /SF/Yr
Avg Asking Price
$4.8–$94 /SF/Yr
Price Range
14,490 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 unit - Western-end-cap office suite at the base of The Shoreham apartment building, fully built out for immediate occupancy.
Where is this office unit located?
The property is located at 400 E South Water St Chicago, IL.
What are key features of this property?
This property features: Western end‑cap office suite at the base of The Shoreham apartment building; Office suite is fully built out for immediate occupancy; The Shoreham is a 1,156‑unit apartment building
(847) 542-9058 Call to check price and availability
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