Essex Lists One-Of-A-Kind Lake Street Loft Building

June 15, 2021

Essex Realty Group, Inc., a commercial real estate brokerage firm based in Chicago, has been exclusively retained to market for sale 223 W. Lake Street, an exceptional luxury mixed-use loft building.

Completed in 2016, this boutique property is comprised of one street-level commercial space, eight luxury residential units and nine underground heated and cooled garage spaces. In true loft form, the residential units are extremely spacious, ranging from approximately 2,700 to 3,300 square feet, and include private elevator entrances, reclaimed wood beams, exposed brick, hardwood floors, and soaring ceilings. The two penthouse units, each offer direct in-unit access to their own approximately 1,000 square foot rooftop terrace and impressive city views.

The building is to be delivered 100% vacant.

“This is easily the most remarkable multi-unit I’ve ever seen. Located on the north end of The Loop, the property sits in a residential pocket with other high-end residential units. The street-level commercial space is situated in a prime, high foot traffic location that has attracted high-quality commercial tenants such as Chipotle, located just two doors over,” explains listing broker and Essex Director Abe Eilian.

The property is situated on the south side of Lake Street just east of Franklin Street, and just one block from the new Chicago Riverwalk, Merchandise Mart and new Facebook Headquarters. The property is conveniently located two blocks west of the Clark/Lake CTA Station and in proximity to Ogilivie Transportation Center.


Since 1990, Essex Realty Group, Inc. has served Chicago’s investment real estate market as a top multifamily brokerage firm. Contact us today to learn more about our recent multifamily and mixed-use property sales, or click HERE.

Tagged in this post: Abe Eilian