Space Available For Lease 1

400 E. South Water Street

Space Type Street Retail
Lease Rate Contact for pricing
Total Space Available 4,918 SF
Divisible Space 4,918 - 4,918 SF
Available Date Immediate
Lease Type Modified Gross
Renewal Option Yes
Sublease No

Matthew Tarshis

Frontline Real Estate Partners

Contacts

Matthew Tarshis

Frontline Real Estate Partners

Property Details

Property Type Retail - Street Retail
Property Size 920,000 SF
Units 1
Lot Size 6.84 Acre
Year Built 2007
Date Updated Jan 7, 2025

Shoreham and Tides is located at 400 East South Water Street in Chicago’s Lakeshore East neighborhood. Lakeshore East is a thriving neighborhood that features strong demographics with a population of over 339,000 within three (3) miles of the Property and an average household income of over $150,000 within one (1) mile of the Property. The Property features excellent accessibility located just a block west of Lake Shore Drive and 1.5-miles east of Interstate-90/94. Additionally, Shoreham and Tides is only a half mile from Millennium Metra Station, the Lake Red Line “L” Station, the Washington Blue Line “L” Station, and the Washington/Wabash Brown, Orange, Green, Pink and Purple Line “L” Station. The Property is located just a few blocks north of Millennium Park and the Art Institute of Chicago and is just over one (1) mile from Soldier Field and Chicago’s Museum Campus. Neighboring retailers include Mariano’s, Walgreens, CVS/Pharmacy, UPS Store, 7-Eleven, Chipotle, Nando’s, Stan’s Donuts, AVLI, Panda Express, Wildberry, Giordano’s, Rosebud, Starbucks and Dunkin’, among many other national retailers.Fully built out medical office space at the base of The Shoreham in Chicago's Lake Shore East neighborhood. The storefront is part of the $4 Billion, 28-acre, mixed-use community featuring a master plan with its own private village and park in the heart of downtown Chicago. Located at the end cap of The Shoreham, the space features an excellent opportunity to join one of the most affluent neighborhoods in Chicago. The storefront features built-out office space including multiple exam rooms, a waiting area, two (2) laboratories, private offices, access to a shared loading dock, and ADA compliant bathrooms. The Shoreham is extremely well located, within walking distance to several tourist attractions such as the Chicago Riverwalk, Lake Michigan, Navy Pier, Michigan Avenue, Maggie Daley Park, and Millennium and Grant Parks. Potential exists for on-site parking in the building's garage. Neighboring tenants include Mariano's, CVS/Pharmacy, Chalk Pre-School, Cuticle Nail Salon, Eggy's Diner, Avli, React Physical Therapy, Brown Bag Seafood, and Minghin Cuisine.

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Highlights

Rare opportunity to join the affluent Lake Shore East Neighborhood, a 28-acre mixed use community with an abundance of blended green and open spaces
Available unit is located at the base of the Shoreham, a 1,156-unit apartment building
Fully built-out office on the western end cap at the base of The Shoreham
Conveniently located steps from Michigan Avenue, the Chicago Riverwalk, Grant Park, Millennium Park and Navy Pier
The community offers access to one of the most affluent neighborhoods in Chicago with additional high rises nearby in River North and the Loop
Lake Shore East is also home to Chicago's third largest skyscraper standing 93-stores

Getting around

95/100
Walk Score ®
95/100
Transit Score ®
84/100
Bike Score ®

Powered by Walk Score ®

City Chicago, IL
Neighborhood Near East Side Chicago
Zip Code 60601
Market Chicago

Points of Interest

Millennium Station

0.45 miles
State/Lake

0.58 miles
Lake

0.60 miles
Adams/Wabash

0.69 miles
Grand

0.69 miles
Merchandise Mart

0.90 miles
Harold Washington Library-State/Van Buren

0.92 miles
Quincy

1.04 miles
Chicago

1.19 miles
Clinton

1.27 miles

Tesla Supercharger

0.19 miles
BP

0.92 miles
ChargePoint

1.09 miles
Shell

1.28 miles
Blink

1.61 miles
Volta

1.62 miles
Citgo

1.85 miles
Exxon

1.97 miles
Blink ParkChip Garage - 1035 Van Buren

2.00 miles
eVgo

2.12 miles

North Horbor Tower

0.09 miles
Village Market

0.13 miles
Field Harbor

0.13 miles
Aqua Self Park

0.17 miles
Millennium Lakeside Garage

0.26 miles
Park Millennium

0.26 miles
Prudential Plaza

0.33 miles
Millennium Garage

0.35 miles
Bus Dropoff

0.40 miles
Taxi Parking

0.44 miles

Taco Rio

0.10 miles
Subway

0.13 miles
Eggy's

0.14 miles
MingHin Cuisine

0.16 miles
Brown Bag Seafood

0.17 miles
ETA Restaurant + Bar

0.26 miles
The Living Room

0.26 miles
Au Bon Pain

0.27 miles
Pinched

0.28 miles
Pinstripes

0.30 miles

Mariano's Fresh Market

0.15 miles
Bockwinkel's

0.26 miles
Target

0.29 miles
Whole Foods Market

0.40 miles
Millennium Station/Pedway

0.40 miles
Ross

0.53 miles
Macy's

0.57 miles
Nordstrom

0.58 miles
The Shops at North Bridge

0.58 miles
Burlington

0.60 miles

400 East South Water Street Listing Brief

A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

400 East South Water Street is located in Near East Side Chicago, which is home to a total of 2 listing(s). The rent for retail space at 400 East South Water Street is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.
The property includes 4,918 square feet of retail space for lease. Of this total, 4,918 square feet are Street Retail.

Lease agreement conditions for the availability at this property include Modified Gross.

For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

Knowing your ideal customer is essential. For your consideration, the average age of residents in Near East Side Chicago is 35. The average household income here is $124,053 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.