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    OFF-MARKET
    Retail properties & Spaces

    540 Lake Shore Dr, Chicago, IL 60611

    30,000 SF Built 1914
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1914
    Total area 30,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Studio 300 Recording Studio
    • Bobby's Bike Hike - Chicago Bike, Walking & Food Tours Tour Operator (Bike/Boat/Book/etc) Store
    • CORT Furniture Rental Interior Design
    • Teletech Video Corporation Film Production
    • Near the Pier Development Center Daycare Center
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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