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    39 S La Salle St Chicago, IL 60603

    For Lease
    Contact for pricing

    Retail space in landmark building, heart of Chicago's financial district.

    Property size:
    1,016 SF
    Lot size:
    0.48 Acres

    Property Features for 39 S La Salle St

    General Information

    Size
    1,016 SF
    Lot size
    0.48 Acres

    Source: CBRE | Chicago Agent Phillip Golding

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Retail Space in Loop

    Located in the heart of Chicago’s financial district, 39 South LaSalle Street is a historic landmark building constructed in 1894 by architect William LeBarron Jenney, known as the “father of the skyscraper.” This property is home to the Gray Hotel, the Chicago flagship property for Kimpton Hotels and Resorts. This luxury property is centrally located in the Loop, providing access to major businesses downtown. The available retail space measures 1016 square feet.
    Location Intelligence

    Current Use by Public Records

    Carr, O'Rourke & Ernst, ... Divorce Lawyer Legal Documents Management Legal Services R S Consulting ... Business Management Consultant Law Offices of Attorney ... Immigration Attorney Juergensmeyer & Associates Attorney

    Suggested Use

    Spa & Massage Realty agency Hair Salon Restaurant Dental Office Nail Salon Building Supply Daycare Center Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6317314
    Latitude
    41.8808833

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    FAQs

    What type of property is this?
    Retail space - Retail space in landmark building, heart of Chicago's financial district.
    Where is this retail space located?
    The property is located at 39 S La Salle St Chicago, IL.
    What are key features of this property?
    This property features: - Historic landmark building designed by William LeBarron Jenney ('Father of the Skyscraper').; - Located in the heart of Chicago's Financial District (the Loop).; - **Luxury property: The Gray Hotel, a Kimpton Hotels & Resorts flagship.**
    (312) 935-1400
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    39 S La Salle St Chicago, IL 60603
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    Chicago, IL 60603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    39 S La Salle St Chicago, IL 60603
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