$1,195,000
445 N LaSalle Street
Chicago, IL, 60654
445 N. LaSalle Street is located on North LaSalle Street in Chicago’s River North Neighborhood. This 5,400 SF, multi-story, single-tenant boutique office building has been completely renovated and has been improved with numerous high-end upgrades including a center staircase, atrium and skylight. The property benefits from an FAR of 3.25 and is zoned DX-7, which allows for a variety of uses including office, retail and residential. A long-term lease with Verizon Wireless provides the property with in-place income. The visibility and the in-place income coupled with the easy access to Lake Shore Drive, the I-90/I-94 Expressway and public transportation makes this offering the perfect opportunity for an investor or user to acquire a well-maintained boutique office building in the heart of the vibrant River North neighborhood. The River North neighborhood of Chicago is a sought-after location for both businesses and residntial because of its central location, connecting Fulton Market, River West, the Loop, Gold Coast, Streeterville, and the Magnificent Mile. This desireable neighborhood hosts a multitude of retail shopping options, art galleries, hotels and high-end residential. The neighborhood is also Chicago’s go-to hub of nightlife and entertainment, featuring many of the city’s acclaimed bars and clubs. This area has a high population density with more than 14,300 existing multi-family units, 2,760 more under construction, and over 1,380 proposed. The area continues to see a significant increase in residential developments and developer/investor activity over the past several years.
Property Details
Price:
$1,195,000
MLS #:
MRD12373712
Status:
Active
Beds:
0
Baths:
0
Address:
445 N LaSalle Street
Type:
Commercial
Subtype:
Office
Neighborhood:
CHI – Near North Side
City:
Chicago
Listed Date:
May 23, 2025
State:
IL
Total Sq Ft:
5,400
ZIP:
60654
Year Built:
1947
Schools
Interior
Cooling
Central Air
Exterior
Financial
Tax Year
2023
Taxes
$35,464
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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445 N LaSalle Street
Chicago, IL
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