540 N Lake Shore Drive #2 Chicago, IL 60611

Building Details

Year Built

1902

Listing agency COMPASS S***@chicago773.com Show Phone

Listed by SANTIAGO VALDEZ · License #475153660

Source Corcoran

Added: Apr 9 Updated: Jul 10 at 3:55PM Checked: Jul 22 at 10:07AM

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Investment Insights

Based on property information with market context.

This 3,693 square foot commercial loft offers updated space with notable character. The retail/office storefront space features a 12-foot timber ceiling and brick walls. Situated in a historic loft building in Streeterville, the property benefits from a lakefront location at Ohio Street, providing easy access and high traffic. The location is near the lakefront, Navy Pier, high-end residential areas, multiple service businesses, and restaurants. It is a walkable location away from street noise with easy street parking. The street-facing storefront offers visibility and signage opportunities. Ideal for professional offices, a retail store, coffee shop/eatery, or art studio gallery. Reserved parking is available for rent. The gross lease is $47, including CAM (currently at $18.53).

Key Highlights

• Prime Streeterville location steps from the lakefront, Navy Pier, and high‑end residential areas.
• High‑visibility storefront ideal for retail, office, or creative ventures.
• Unique loft features including 12' timber ceilings and brick walls.

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FAQs

What type of property is this?

Retail space - 3,693 SF updated commercial loft with character near lakefront.

Where is this retail space located?

The property is located at 540 N Lake Shore Drive #2 Chicago, IL.

What is the lease rate?

The lease rate is $29 SF/Yr.

What are key features of this property?

This property features: Prime Streeterville location steps from the lakefront, Navy Pier, and high‑end residential areas.; High‑visibility storefront ideal for retail, office, or creative ventures.; Unique loft features including **12' timber ceilings and brick walls.**