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Updated Loft Retail/Office Space

540 N Lake Shore Drive #3 Chicago, IL 60611

540 N Lake Shore Drive #3, Chicago, IL, 60611
$29 SF/Yr
For Lease
$29 SF/Yr

Updated commercial loft with character near lakefront, ideal for retail/office.

Property Size1,248 SF
Days on Market101

Property Features for 540 N Lake Shore Drive #3

General Information

Standard status
Active
Size
1,248 SF
Property subtype
Commercial

Building Details

Year Built
1902
Listing Agency COMPASS
Listed by SANTIAGO VALDEZ · License #475153660
Source Corcoran
Added: Apr 9 Checked: Jul 17 at 2:37 am

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 COMPASS


Investment Insights

Based on property information with market context.

This 1,248 square foot commercial loft offers updated features and unique character. Located in an ultra-rare loft building near the lakefront, this retail or office storefront space includes a 12-foot timber ceiling and brick walls. Situated in a historic loft building on Lake Shore Drive in Streeterville, the property benefits from high traffic and easy access. The location is steps from the lakefront, Navy Pier, high-end residential areas, multiple service businesses, and restaurants. This walkable location, set away from street noise, offers easy street parking. The street-facing storefront provides amazing visibility and signage opportunities. It is ideal for professional offices, a retail store, a coffee shop or eatery, or an art studio gallery. Reserved parking is available for rent. The gross lease rent is $47, which includes CAM (currently at $18.53). The space is available now and easy to show.

Key Highlights

  • Prime Streeterville location steps from the lakefront, Navy Pier, high‑end residential areas, and various businesses and restaurants.
  • High‑visibility storefront with signage opportunity in a historic loft building.
  • Unique loft features including 12' timber ceiling and brick walls.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Studio 300 Recording Studio Bobby's Bike Hike ... Tour Operator CORT Furniture Rental Interior Design Teletech Video Corporation Film Production Near the Pier Development ... Daycare Center

Suggested Use

(Bike/Boat/Book/etc) Store Pet Grooming Service Tattoo & Piercing Shop Butcher Tanning Salon Adult Day Care Auto Parts Store Restaurant Nursing Home Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Updated commercial loft with character near lakefront, ideal for retail/office.
Where is this retail space located?
The property is located at 540 N Lake Shore Drive #3 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, high‑end residential areas, and various businesses and restaurants.; High‑visibility storefront with signage opportunity in a historic loft building.; Unique loft features including **12' timber ceiling and brick walls.**
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