942 Lk St Chicago, IL 60607-1718
Property summary
This exceptional Chicago retail property, located at 942 W Lake St in Cook County, IL, offers a unique opportunity for a variety of businesses. The building, constructed in 1890, boasts a total of 6,467 square feet, with 3,363 square feet currently available for lease. The space is configured as a multi-tenant property and previously housed an art studio. The main level features approximately 3,363 square feet of expansive open space with real hardwood maple flooring, high ceilings, custom lighting, and multiple private offices. A lower level, offering an additional approximately 3,100 square feet, includes numerous open rooms, ample storage, and a full bathroom with a shower. This prime location is steps from the El station, restaurants, and vibrant nightlife, making it highly accessible and attractive to customers and employees. The monthly rent is $6,500 on a modified gross lease, and the property is ready for immediate occupancy. The property's unique character and convenient location make it perfect for creative businesses such as art studios, yoga studios, architecture firms, salons, or any business seeking a unique and open-concept space. The zip code is 60607.
Property profile
VerifiedCap rate & NOI
Current use
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Property Management Company
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Artist
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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