540 Lake Shore Dr, Chicago, IL 60611
This exceptional Streeterville property at 540 N Lake Shore Drive offers 3,800 square feet of immediately available executive office or storefront retail space. Located in Cook County, Illinois, this Class B building boasts authentic brick and timber loft aesthetics, including impressive 12-foot ceilings and open workspaces ideal for modern businesses. The space features storefront entrances with large display windows facing Ohio Street, providing excellent visibility across from Navy Pier. The building's total area is 30,000 square feet, with multiple tenancies. Units are divisible down to 1,300 square feet, with a maximum contiguous space of 3,800 square feet. Built in 1914, the building is zoned B-2. While the main level offers prime retail or office space, lower-level space (1,000 to 10,000 square feet) is also available for artist workspace or storage. Parking is available on-site. This unique property presents a rare opportunity to establish a presence in one of Chicago's most desirable and vibrant neighborhoods. The address is 540 N Lake Shore Drive, Chicago, IL 60611.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.