Commercial Office/Retail Spaces

540 N Lake Shore Drive Chicago, IL 60611

540 N Lake Shore Drive, Chicago, IL, 60611
540 N Lake Shore Drive, Chicago, IL, 60611 540 N Lake Shore Drive, Chicago, IL, 60611 540 N Lake Shore Drive, Chicago, IL, 60611 540 N Lake Shore Drive, Chicago, IL, 60611 540 N Lake Shore Drive, Chicago, IL, 60611 540 N Lake Shore Drive, Chicago, IL, 60611 540 N Lake Shore Drive, Chicago, IL, 60611 540 N Lake Shore Drive, Chicago, IL, 60611 540 N Lake Shore Drive, Chicago, IL, 60611 540 N Lake Shore Drive, Chicago, IL, 60611 540 N Lake Shore Drive, Chicago, IL, 60611 540 N Lake Shore Drive, Chicago, IL, 60611 540 N Lake Shore Drive, Chicago, IL, 60611 540 N Lake Shore Drive, Chicago, IL, 60611 540 N Lake Shore Drive, Chicago, IL, 60611 540 N Lake Shore Drive, Chicago, IL, 60611
FOR LEASE
Property Type:
Other Office
Amount:
Please Call Broker for Price

Last Verified:
Jan 25, 2024

Highlights

  • 1st Floor - Suite 102 | Office/Retail
  • - 3,800 SF, Divisible
  • - $22.00 SF/yr NNN
  • - $14.70/SF RE Tax and CAM combined

Description

3,800 SF Storefront Retail or Office, DIVISIBLE. Authentic Brick & Timber Loft with 12' Ceilings and Open Work Spaces. Storefront Entrances with Large Display Windows on Ohio Street Across from Navy Pier in the Heart of Streeterville.
1,000 to 10,000 SF of Artist Workspace or Storage Located on the Lower Level.
Parking Available

Often referred to as the gateway to Chicago, Streeterville is home to much of the city’s world-renowned shopping, dining, museums, architecture, theatre, music and more. Bordered by the Chicago River, Lake Michigan, and Michigan Avenue’s Magnificent Mile, Chicago’s Streeterville community continues to be one of the Windy City’s top places to live, work, study, and play. With a new hotel in the works for Navy Pier, a bold architectural statement flagship Apple store set to open Fall 2017 along the Mag Mile, and the site of the stalled Chicago Spire quietly awaiting redevelopment, Streeterville’s long-term future looks even brighter.
Streeterville consists mainly of upscale condominiums with a median income level of $96k/year, and prices that range from the mid $200,000s for a small studio to several million dollars for a posh penthouse unit atop the many luxury high-rises throughout Streeterville.

Building Size: 3800sq ft
Building Class: B
Lot Size: 0 acres


Documents

JCOMM_Lease_CustomBrochure_540 N LSD (003).pdf

Units for Lease

Suite 102
Space Available: 3800 SF
Lease Type: NNN

Price Per Sqft/Month: $22.00

Map of 540 N Lake Shore Drive, Chicago, IL, 60611

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.