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Class A Office Tower with Concierge
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120 N La Salle St, Chicago, IL 60602

Class A office tower with full-time concierge, valet assist parking, and access to the Chicago underground pedway.

Property Size8,049 SF
Days on Market722

Property Features for 120 N La Salle St

General Information

Standard status Active
Size 8,049 SF
Class A
Property subtype OFFICE
Lease Type SF/yr

Amenities

valet assist parking
access to Chicago's underground pedway
fitness center
rooftop deck
lounge area
full-time concierge service
conference room facilities
bike storage
restaurant service

Building Details

Stories 40
Listing Agency: Lincoln Property Company | Chicago
Listed By: Matt Hickey
Source: Moodyscre
Added: Aug 12, 2024 Changed: Jul 29 Last Checked: Aug 2 at 11:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lincoln Property Company | Chicago

Investment Insights

Based on property information with market context.

120 N LaSalle is a Class A office tower featuring full-time concierge service, conference room facilities, bike storage, and restaurant service. Building amenities include valet assist parking, access to Chicago’s underground pedway, a new fitness center, and a new rooftop deck and lounge area. The property totals 8,049 SF.

Set in the Central Business District along the LaSalle Street Corridor, the building is across the street from City Hall and the County Building. Additional tenant conveniences include proximity to the underground pedway system and on-site support through concierge services.

Conference room space, bike storage, and access-oriented amenities make this tower well suited for office users looking for an amenity-rich downtown environment.

Key Highlights

  • 8,049 SF Class A office tower
  • Full‑time concierge service plus conference room facilities
  • Valet assist parking and access to Chicago’s underground pedway

Property Analytics

Current Use

Lakefront Supportive Housing Apartment Building JC Anderson General Contractor Kaba Richard A Law Firm Richard F. Burke, ... Law Firm Stanko McCarthy Law ... Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Adult Day Care Butcher Clothing & Fashion Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

29,707
Businesses Nearby

Demographics for 60602, IL

1,261
Population
551
Households
2.3
Avg Household Size
39
Median Age
49%
College-Educated
97%
High-School Grad
0.1 sq mi
ZIP Area
12,610
Density / Sq Mi
$123,047
Median Household Income
$43,500
Median Earnings
$2,775
Median Rent
$383,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$23.25 /SF/Yr
Avg Asking Price
$16–$32.5 /SF/Yr
Price Range
112,327 SF
Avg Space Size

This space is priced 8% above the average of $23.25 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Class A office tower with full-time concierge, valet assist parking, and access to the Chicago underground pedway.
Where is this office building located?
The property is located at 120 N La Salle St Chicago, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 8,049 SF Class A office tower; Full‑time concierge service plus conference room facilities; Valet assist parking and access to Chicago’s underground pedway
(312) 345-8782 Call to check price and availability
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