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Loft Office Building

747 North LaSalle Drive, Chicago, IL 60654

For Sale
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The multitenant property combines occupied office suites, available space and ground-floor retail.

Property Size46,938 SF
Days on Market21

Property Features for 747 North LaSalle Drive

General Information

Standard status Active
Size 46,938 SF
Property subtype Office
Occupancy 71%
Net Operating Income $571,551

Site & Location

Neighborhood River North

Additional Details

Tenant in Place Yes
Property Use Office

Building Details

Buildings 1
Building Size 46,938 SF
Construction loft
Tenancy Multi
Listing Agency: CBRE - Chicago
Listed By: Dominic Soltero · License IL 475.153308
Source: Crexi
Added: Oct 21 Changed: Nov 8 Last Checked: Nov 10 at 6:52AM

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 CBRE - Chicago

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Investment Insights

Based on property information with market context.

This 46,938-square-foot loft office property is 70.84% leased and includes 13,687 square feet of vacancy across four suites. In the South Building, floors 2–5 contain 18,600 square feet, with 12,300 square feet leased and 6,300 square feet vacant across two suites. A separate 3,100-square-foot ground-floor retail space is leased on a longer-term basis.

The South Building’s office tenants include Chicago Spark Design, occupying 4,050 square feet across four suites through May 2028, and CodeHS, with 8,250 square feet across two suites through March 2027. The property is at 747 North LaSalle Drive in Chicago’s River North area. A double-sided digital billboard on LaSalle Street and storage provide additional income sources.

Key Highlights

  • 46,938‑square‑foot loft office property, 70.84% leased
  • 13,687 square feet available across four suites
  • South Building floors 2–5 total 18,600 square feet; 6,300 square feet vacant across two suites

Property Analytics

Current Use

John Noyes - 1st ... Loan Service Kenneth O. Bennett, ... Alternative Medicine Practice Hayward Group, Robert ... Law Firm Wellington Counseling Group ... Counselor Questar Entertainment Film Production

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Nursing Home Pet Grooming Service Buffet Butcher

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

70.8%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

22,257
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

Properties on Market for Office buildings in Chicago

Jul
Aug
Sep
Oct

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 - The multitenant property combines occupied office suites, available space and ground-floor retail.
Where is this office building located?
The property is located at 747 North LaSalle Drive Chicago, IL.
What are key features of this property?
This property features: 46,938‑square‑foot loft office property, 70.84% leased; 13,687 square feet available across four suites; South Building floors 2–5 total 18,600 square feet; 6,300 square feet vacant across two suites
(913) 909-9529 Call to check price and availability
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