70 E Lake St

70 E LAKE ST
1419 N Kingsbury
The longtime owner of a 17‑story office building near the northeast corner of the Loop has put the property up for sale, marketed as a candidate for adaptive reuse amid weak demand for office space.

Planned conversion would create 170 residential units (mix of studios, 1‑ and 2‑beds), add a fitness center, resident lounge and rooftop terrace, upgrade mechanical/plumbing and life‑safety systems to meet residential code, and reactivate ground‑floor retail — with phased construction to limit neighborhood disruption.

Commercial

Property Type

53,910 SF

Plus Parking Lot

2 Commercial Units

+ 2 Smaller Leases

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1419 N Kingsbury