942 Lake StChicago, IL 60607

  • Retail space

Property Details for 942 Lake St

Property type
Retail space
Property subtype
Storefront properties
APN
17-08-423-012
APU
1708423012

Description

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.

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.8859
Longitude
-87.6516
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$79,323
$69,475
$314,871
$384,346
-
$277,900
$1,259,484
$1,537,384

FAQs

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