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Mixed-Use Office and Retail Building
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315-333 N Lasalle St, Chicago, IL 60654

Office and retail space in a secure, owner-managed building with tenant-controlled HVAC and multiple elevators.

Property Size6,290 SF
Days on Market1270

Property Features for 315-333 N Lasalle St

General Information

Standard status Active
Size 6,290 SF
Property subtype OFFICE

Amenities

modern communications infrastructure
24-hour manned security
syntex security system
24-hour video surveillance
building systems surveillance
public transportation access
on-site executive parking
tenant-controlled HVAC
dramatic lobby restoration
passenger elevators
freight elevator

Building Details

Tenancy Multi
Listing Agency: Friedman Properties
Listed By: Brian Chernett
Source: Moodyscre
Added: Feb 9, 2023 Changed: Jul 28 Last Checked: Aug 1 at 11:54AM

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 Friedman Properties

Investment Insights

Based on property information with market context.

This owner-managed building offers office, retail, and event venue space with modern communications infrastructure throughout. The property includes a secure entry with 24-hour manned security, a syntex security system, and 24-hour video and building systems surveillance. Tenants have control of HVAC, and the building features a restored period-design lobby.

The building is served by three passenger elevators and one dedicated freight elevator. On-site executive parking is available, with ample public parking nearby, and the property offers excellent access to public transportation.

Located at 315–333 N Lasalle St in River North, the building is within walking distance of key Loop destinations including the Merchandise Mart and Michigan Avenue.

Key Highlights

  • Office, retail, and event venue space in a secure, owner‑managed building
  • 24‑hour manned security plus Syntex security system and 24‑hour video/building system surveillance
  • Three passenger elevators plus one dedicated freight elevator

Property Analytics

Current Use

Office buildings

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

36,134
Businesses Nearby

Demographics for 60654, IL

23,890
Population
17,960
Households
1.3
Avg Household Size
34
Median Age
92%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
47,780
Density / Sq Mi
$144,831
Median Household Income
$106,856
Median Earnings
$2,571
Median Rent
$495,900
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

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 - Office and retail space in a secure, owner-managed building with tenant-controlled HVAC and multiple elevators.
Where is this office building located?
The property is located at 315-333 N Lasalle St Chicago, IL.
What are key features of this property?
This property features: Office, retail, and event venue space in a secure, owner‑managed building; 24‑hour manned security plus Syntex security system and 24‑hour video/building system surveillance; Three passenger elevators plus one dedicated freight elevator
(312) 670-9539 Call to check price and availability
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