Prime Commercial Condo with Water Access at Outer Drive East. Unlock your business's potential with this exceptional commercial condo in the prestigious Outer Drive East Condominium, nestled in the heart of downtown Chicago. Boasting unique water access and a prime location in vibrant Lakeshore East, this versatile space is perfect for a variety of business types-from retail stores, grocery, and spas to medical offices, fitness centers, design studios, and more. Key Features Fully Renovated: This space has been completely updated with new drywall, ceilings, modern LED lighting, and luxury vinyl plank (LVP) flooring, offering both style and durability. Practical Amenities: Includes water hookups, a kitchen with a sink, microwave, and fridge, plus office and storage areas. Access to building amenities supports various business operations. Luxury Building Amenities: Enjoy a 5-star, resort-style health club featuring an indoor geodesic pool, saunas, steam rooms, a winter garden, a children's playroom, and facilities for basketball, racquetball, ping-pong, cardio, and weight training. Multi-Function Room: Perfect for hosting events or meetings, featuring an open kitchen and media area. Proven Flexibility: Previously used as a hair salon and appraisal office, the adaptable layout caters to diverse business needs. Zoning and Use Information: A zoning advisory letter from the City of Chicago is available, outlining all permissible uses. Convenient Parking with discounted parking tickets for clients and customers. Exclusive Business Opportunity: A covenant prevents competition in residential real estate services, offering a unique advantage for certain businesses. Don't Miss Out Establish or expand your business in one of Chicago's most desirable areas. With its prime location, modern amenities, and flexible use options, this commercial condo provides a unique opportunity to make your mark in the thriving Lakeshore East community. Full Property Details: 400 E Randolph St #706
The median home value in Chicago, IL is $223,000. This is higher than the county median home value of $214,400. The national median home value is $219,700. The average price of homes sold in Chicago, IL is $223,000. Approximately 38.87% of Chicago homes are owned, compared to 48.34% rented, while 12.79% are vacant. Chicago real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chicago real estate agent to arrange a tour today!
Chicago, Illinois 60601 has a population of 2,722,586. Chicago 60601 is less family-centric than the surrounding county with 25.68% of the households containing married families with children. The county average for households married with children is 30.49%.
The median household income in Chicago, Illinois 60601 is $52,497. The median household income for the surrounding county is $59,426 compared to the national median of $57,652. The median age of people living in Chicago 60601 is 34.1 years.
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 38.2 inches per year, with 37.1 inches of snow per year.