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- RE: Private Offices & Coworking On Lake Michigan
- Contact: Mike Brugger
Quick Facts
| Asking Price: | $465,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 2 | |
| BBN Listing #: | 1007961 | |
| Broker Reference #: | IL-REG-MT |
Business Overview:
Step into a turnkey coworking and private office operation positioned to capitalize on the booming flexible workspace market in Chicago's dynamic business corridor. This established property management business delivers multiple revenue streams through office rentals, dedicated coworking memberships, and premium event hosting services.
Your investment provides immediate cash flow from an established customer base while positioning you at the forefront of the workspace-as-a-service trend. The prime Lake Michigan location with direct Highway 83 access attracts premium-paying professionals and businesses seeking flexible solutions, ensuring consistent demand and pricing power.
This business solves critical pain points for modern professionals: expensive long-term office commitments, lack of networking opportunities, and inadequate meeting spaces. Your customers pay premium rates for fully-serviced solutions including high-speed internet, furnished offices, and utilities - eliminating their overhead while maximizing your margins.
The strategic Chicago area location taps into one of America's largest business markets, with endless expansion opportunities. The outdoor terrace and collaborative spaces create additional revenue opportunities through networking events, workshops, and corporate events.
As the new owner, you'll benefit from predictable recurring revenue, scalable operations, and minimal hands-on management requirements. The established systems and prime location provide a platform for aggressive growth through membership expansion, premium service additions, and potential other opportunities.
This business transforms the traditional office rental model into a high-margin, customer-centric service business that grows with market demand for workplace flexibility. Your investment delivers both strong cash flow and significant appreciation potential in the rapidly expanding coworking sector.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
Private Offices
Temp desks
Reception area
Kitchenette
Meeting rooms
Lounge area
Event space
Private offices & team suites
Market Competition and Expansion:
Chicago is now one of the largest coworking markets in the U.S. as demand is real, landlords are supportive, and flex is being used to backfill traditional office vacancy. Chicago has deep density of Professional services, Tech, Finance, Consulting, Startups and and Large companies are increasingly using coworking for:
Satellite offices
Project teams
Swing space
National data shows companies are choosing flex over traditional leases, and Chicago is a primary beneficiary!
Reason for Selling:
Changing careers. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Illinois businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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