445 N La Salle St Chicago, IL 60654
Renovated multi-story office building with in-place income in River North.
Property Features for 445 N La Salle St
General Information
- Standard status
- Active
Building Details
- Year built
- 1947
Source:
Corcoran
Listing Agent: Daniel J. Hyman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
River North Boutique Office Building
Located on North LaSalle Street in Chicago's River North neighborhood, 445 N. LaSalle Street is a 5,400 SF, multi-story, single-tenant boutique office building. The property has been completely renovated with high-end upgrades, including a center staircase, atrium, and skylight. Zoned DX-7, the property benefits from an FAR of 3.25, allowing for a variety of uses including office, retail, and residential. A long-term lease with Verizon Wireless provides in-place income. The property offers visibility and easy access to Lake Shore Drive, the I-90/I-94 Expressway, and public transportation. The River North neighborhood is a sought-after location for businesses and residential due to its central location, connecting Fulton Market, River West, the Loop, Gold Coast, Streeterville, and the Magnificent Mile. The neighborhood hosts retail shopping options, art galleries, hotels, and high-end residential. River North is also a hub of nightlife and entertainment, featuring many of the city's acclaimed bars and clubs. The area has a high population density with more than 14,300 existing multi-family units, 2,760 more under construction, and over 1,380 proposed. The area continues to see an increase in residential developments and developer/investor activity.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6314647
- Latitude
- 41.8758139
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FAQs
What type of property is this?
Office building - Renovated multi-story office building with in-place income in River North.
Where is this office building located?
The property is located at 445 N La Salle St Chicago, IL.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: - Long-term lease with Verizon Wireless provides in-place income.; - Prime River North location with easy access to Lake Shore Drive, I-90/I-94 Expressway, and public transportation.; - **Completely renovated 5,400 SF boutique office building with high-end upgrades** including a center staircase, atrium, and skylight.