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    401 S La Salle St Chicago, IL 60605

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    For Lease
    $19 SF/Yr ($2,699 /Mo)

    Office space in Chicago's financial district, near public transportation.

    Property size:
    1,705 SF
    Lot size:
    0.25 Acres

    Property Features for 401 S La Salle St

    General Information

    Size
    1,705 SF
    Lot size
    0.25 Acres
    Source: Moodyscre

    Listing Agent: Steven Rapoport

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

    Overview

    Historic Office Space in Chicago

    The offices at 401 S LaSalle Street are located in a historic building constructed in 1914, originally as the Fort Dearborn Hotel. The building was converted for office use in 1985. The property is situated in the heart of Chicago’s financial district, with the Chicago Board of Options and the Chicago Stock Exchange located across the street. This central location provides convenient public transportation access. The available office space is 1705 square feet.
    Location Intelligence

    Current Use by Public Records

    Crumble Development LLC Excavating Contractor Heavenly Dwellings Realestate Property Investment Company Globalrisk Corporation Computer Consultant Maurice Mcclain Therapist Counselor Qiqi Huang, Attorney ... Immigration Attorney

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6314662
    Latitude
    41.8762388

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    FAQs

    What type of property is this?
    Office space - Office space in Chicago's financial district, near public transportation.
    Where is this office space located?
    The property is located at 401 S La Salle St Chicago, IL.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Central location in Chicago's financial district.; - Easy access to public transportation.; - Historic building with old-world charm.
    (847) 863-2707
    Request Owner's contact information
    401 S La Salle St Chicago, IL 60605
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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
    401 S La Salle St Chicago, IL 60605
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