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Prime Retail Space in Chicago
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231 S LaSalle St, Chicago, IL 60604

Retail spaces available in the Financial District.

Space SizeContact for details
Days on Market130

Property Features for 231 S LaSalle St

General Information

Standard status Active
Property subtype retail
Listing Agency: Chicago
Listed By: Peter Caruso · License #475.144084
Source: Property.jll
Added: Apr 15 Changed: Jul 10 Last Checked: Aug 22 at 3:41AM

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 Chicago

Investment Insights

Based on property information with market context.

Located at 231 S. LaSalle St. in the heart of Chicago's Financial District, this property offers retail spaces for rent. Opportunities range from 735 to 5,824 square feet on the ground floor, with approximately 28,000 square feet available on the lower level. The property is situated at the base of a 1-million-square-foot office building, across the street from the Federal Reserve and the 1.3-million-square-foot Chicago Board of Trade building. The surrounding area, within two square blocks, contains over 20 million square feet of office space with an occupancy rate exceeding 90%. This location is occupied by Fortune 500 companies.

Key Highlights

  • Located in the heart of the Financial District.
  • Positioned across the street from the Federal Reserve and Chicago Board of Trade building.
  • Located at the base of a 1‑million‑square‑foot office building.

Property Analytics

Current Use

US Army Corps ... Sustainability Organization Pedersen & Weinstein LLP Law Firm Engage Civil General Contractor Great Lakes Advisors Financial Advisor Relativity (Bike/Boat/Book/etc) Store

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

36,134
Businesses Nearby
31k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 44% Shops & Services 36% Hotels & Casinos 20%
Saks OFF 5TH Apparel
13,751 visits/mo 0.3 miles
Holiday Inn & Suites Chicago-Downtown Hotels & Casinos
6,102 visits/mo 0.4 miles
FedEx Office Print & Ship Center Shops & Services
4,436 visits/mo 0.4 miles
Fifth Third Bank & ATM Shops & Services
4,367 visits/mo 0.3 miles
Extra Space Storage Shops & Services
2,541 visits/mo 0.5 miles

Demographics for 60604, IL

897
Population
510
Households
1.8
Avg Household Size
34
Median Age
96%
College-Educated
98%
High-School Grad
0.1 sq mi
ZIP Area
8,970
Density / Sq Mi
$77,806
Median Household Income
$54,030
Median Earnings
$2,500
Median Rent
$577,700
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.9 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,190 SF
Avg Space Size

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail spaces available in the Financial District.
Where is this retail space located?
The property is located at 231 S LaSalle St Chicago, IL.
What are key features of this property?
This property features: Located in the heart of the Financial District.; Positioned across the street from the Federal Reserve and Chicago Board of Trade building.; Located at the base of a 1‑million‑square‑foot office building.
More about this property
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