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Office For Lease
Located just one block west of Michigan Avenue and conveniently positioned amidst a 24/7 audience of office workers, residents, and tourists, 70 E Lake Street offers an outstanding retail opportunity. This prime corner location is currently a fully equipped fast casual restaurant space that sits at the base of a vintage 17-story office tower in the heart of Chicago’s East Loop, steps from numerous hotels and three new luxury, high-rise residential developments containing a total of 924 units. Businesses enjoy exposure to an estimated 27,200 pedestrians who walk the intersection of Michigan Avenue and Lake Street, and the 14’ wide sidewalk along Garland Avenue offers the potential for significant outdoor seating. Aside from the foot-traffic from the surrounding residents and the built-in consumer base from the offices above, the building is easily accessible to the riders of the nearby Red, Brown, Purple, Orange, Green, and Pink CTA subway lines, the Metra South Shore line, and numerous Michigan Avenue and Lake Street bus lines. Immediately surrounding the building, the daytime population in a two-block radius exceeds 42,000 people and the average household income is $105,000.
| Prime corner location with exposure to the foot-traffic from an estimated 27,200 pedestrians at Michigan Avenue and Lake Street. |
| The current build-out is for a fully equipped fast casual restaurant space. |
| Surrounded by Sweetwater Tavern & Grille, Millennium Park, Hard Rock Hotel, Hotel Indigo, Chicago Cultural Center, and more, all in walking distance. |
| Easily accessible by the Red, Brown, Purple, Orange, Green, and Pink CTA subway lines, the Metra South Shore line, and numerous bus lines. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Chicago Millennium Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) | 1 min | 5 min | 0.2 mi |
| Van Buren Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) | 3 min | 14 min | 0.7 mi |
| Transit/Subway | Drive | Walk | Distance |
| Randolph/Wabash Station (Downtown Loop) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Green Line - Chicago Transit Authority "L" Trains (The "L"), Orange Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) | 1 min | 3 min | 0.2 mi |
| State/Lake Station (Downtown Loop) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Green Line - Chicago Transit Authority "L" Trains (The "L"), Orange Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) | 1 min | 3 min | 0.2 mi |
| Lake Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) | 1 min | 5 min | 0.2 mi |
| Chicago Millennium Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) | 1 min | 5 min | 0.2 mi |
| Clark/Lake Station (Downtown Loop) (Blue Line - Chicago Transit Authority "L" Trains (The "L"), Brown Line - Chicago Transit Authority "L" Trains (The "L"), Green Line - Chicago Transit Authority "L" Trains (The "L"), Orange Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) | 2 min | 7 min | 0.3 mi |
| Airport | Drive | Walk | Distance |
| Chicago Midway International | 20 min | - | 12.5 mi |
| Chicago O'Hare International | 28 min | - | 17.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |
