First-Floor Retail and Office
505 N Lake Shore Drive #101 Chicago, IL 60611
505 N Lake Shore Drive #101, Chicago, IL, 60611
$40 SF/Yr
For Lease
$40 SF/Yr
Ground-level suite in Lake Point Tower beside Navy Pier, with podium parking designed for roughly 700 cars.
Days on Market56
Property Features for 505 N Lake Shore Drive #101
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1969
Listing agency
ELLSBURY GROUP LLC
(219) 200-5133
Listed by
JEREMY SLOWINSKI · License #471018577
Source
Corcoran
Added: May 28 Updated: Jul 10 at 3:59PM Checked: Jul 21 at 5:38AM
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 ELLSBURY GROUP LLC
Investment Insights
Based on property information with market context.
This first-floor commercial retail suite is located in Lake Point Tower, a well-known high-rise condo building on a downtown corner. The space is positioned for street-level storefront presentation and is offered as a flexible option for retail and customer-facing concepts.
The location places the suite directly adjacent to Navy Pier, one of Chicago’s major visitor destinations. Lake Point Tower’s podium was designed to accommodate roughly 700 cars, supporting convenient parking access for guests and customers.
The configuration is described as well suited for a range of uses, including retail, cafe or quick-service food, personal services such as salon, spa, or fitness, boutique offerings, and professional or medical office use. For service-oriented businesses, the adjacency to a steady flow of tourists and lakefront visitors is intended to pair well with customers coming from the residential tower environment. Overall, this is a ground-level commercial opportunity in a landmark-style building with strong day-to-day customer draw from its Navy Pier proximity and on-site podium parking.
The location places the suite directly adjacent to Navy Pier, one of Chicago’s major visitor destinations. Lake Point Tower’s podium was designed to accommodate roughly 700 cars, supporting convenient parking access for guests and customers.
The configuration is described as well suited for a range of uses, including retail, cafe or quick-service food, personal services such as salon, spa, or fitness, boutique offerings, and professional or medical office use. For service-oriented businesses, the adjacency to a steady flow of tourists and lakefront visitors is intended to pair well with customers coming from the residential tower environment. Overall, this is a ground-level commercial opportunity in a landmark-style building with strong day-to-day customer draw from its Navy Pier proximity and on-site podium parking.
Key Highlights
- First‑floor ground‑level commercial retail space in Lake Point Tower (built 1969)
- Located directly adjacent to Navy Pier, a major Chicago visitor destination
- Ground‑floor suite in the Lake Point Tower podium next to the building’s retail space
Property Analytics
Location Intelligence
Current Use by Public Records
Total Shade Inc.
Industrial Manufacturer
Wakensys Corporation
(Bike/Boat/Book/etc) Store
Lake Point Tower ...
Dental Office
Ribbeck Law Chartered
Law Firm
Chip Law Group
Law Firm
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FAQs
What type of property is this?
Storefront property - Ground-level suite in Lake Point Tower beside Navy Pier, with podium parking designed for roughly 700 cars.
Where is this storefront property located?
The property is located at 505 N Lake Shore Drive #101 Chicago, IL.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: First‑floor ground‑level commercial retail space in Lake Point Tower (built 1969); Located directly adjacent to Navy Pier, a major Chicago visitor destination; Ground‑floor suite in the Lake Point Tower podium next to the building’s retail space
