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42 W Lake St

The Loop, Chicago, IL
Total Size
9,425 sqft
Lot Size
0 acres
Zoning
M1-2
Year Constructed
1891

Additional Features of 42 W Lake St

  • Great owner/user property
  • Large overhead door with drive in access to warehouse space
  • Brand new roof (2012)
  • 800 amps of commercial grade electric to building
  • Cargo elevator
  • Very close to public transportation (CTA Green Line California Stop)

Internet Providers for 42 W Lake St

Provider Technology Max Download Speed Max Upload Speed
RCN and RCN Business Solutions Fiber
10 Gb/s
10 Gb/s
Zayo Broadband Fiber
10 Gb/s
10 Gb/s
MegaPath Corporation DSL
50 Mb/s
50 Mb/s
AT&T Illinois DSL
25 Mb/s
1.5 Mb/s

The Neighborhood: The Loop

The typical asking rate per listing is in the $30's per square foot per year. The The Loop submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 13% decline in rent.

Compared to the rest of the Chicagoland market, the The Loop submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Median Rate Median Size
The Loop $36
/sqft/yr
3,589
sqft
Median Rate Median Size
Chicagoland $24
/sqft/yr
2,400
sqft

Median Rate over Time in The Loop