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Recently Renovated Three-Story Single-Tenant Office Building
For Lease
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445 N La Salle Dr, Chicago, IL 60654

Recently renovated three-story single-tenant office building with flexible floorplans and DX-7 zoning.

Space Size5,400 SF
Days on Market461

Property Features for 445 N La Salle Dr

General Information

Standard status Active
Size 5,400 SF
Net Rentable 5,400 SF
Property subtype OFFICE
Zoning DX-7

Space & Availability

Available Space 5,400 SF
Contiguous Space 5,400 SF
Space Use Office

Site & Location

Neighborhood River North

Building Details

Stories 3
Tenancy Single

Spaces For Lease

at 445 N La Salle Dr
445 N La Salle Dr AVAILABLE, Now
Floor Bldg
Size 5,400 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- 5,400 SF, three-story single-tenant office building plus a lower level • - Recently renovated - Updated in 1988 with newer mechanicals and flexible floorplans - Potential for retail or bar/restaurant concepts - Long-term cell tower lease to Verizon - Annual rent is $15,298.18 - Signage offers excellent exposure - Zoning: DX-7 - Property is also for sale
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Listing Agency: Millennium Properties Real Estate
Listed By: Susan B. Silver · License #475136992
Source: Moodyscre
Added: Jul 29, 2025 Changed: Oct 26 Last Checked: Oct 30 at 1:50PM

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 Millennium Properties Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This recently renovated three-story, single-tenant office building includes a lower level and totals 5,400 SF. The property was updated in 1988 with newer mechanicals and flexible floorplans, supporting a range of office layouts. The offering also notes potential for retail or bar/restaurant concepts.

The property has signage opportunities for visibility and is zoned DX-7. A long-term cell tower lease to Verizon is in place.

Building features include updated mechanical systems and adaptable floorplans, which can help accommodate changing operational needs within the existing structure.

Key Highlights

  • 5,400 SF three‑story single‑tenant office building plus lower level
  • Recently renovated
  • Updated in 1988 with newer mechanicals and flexible floorplans

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Quantum Global Advisors, ... Consultant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Restaurant Pet Grooming Service Butcher 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

Single-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

35,831
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Chicago, IL

$22.43 /SF/Yr
Avg Asking Price
$11–$46 /SF/Yr
Price Range
52,418 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

Frequently Asked Questions

What type of property is this?
Office building - Recently renovated three-story single-tenant office building with flexible floorplans and DX-7 zoning.
Where is this office building located?
The property is located at 445 N La Salle Dr Chicago, IL.
What are key features of this property?
This property features: 5,400 SF three‑story single‑tenant office building plus lower level; Recently renovated; Updated in 1988 with newer mechanicals and flexible floorplans
(312) 338-3001 Call to check price and availability
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