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601 South La Salle St Chicago, IL 60605

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For Sale
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Value-add opportunity near public transit in Chicago's South Loop.

Property size:
69,170 SF

Property Features for 601 South La Salle St

General Information

Size
69,170 SF

Building Details

Year built
1912

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Listing Contact
Matthew Tarshis
Source: Frontlinerepartners

Listing Agent: Matthew Tarshis

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

South Loop Timber Loft Building

Located in Chicago's South Loop, this seven-story timber loft office building offers approximately 69,000 square feet of space. Situated at the southeast corner of LaSalle and Harrison Street, the building is part of the western edge of the vibrant Printers Row neighborhood, which features numerous residential loft buildings, restaurants, and service-oriented tenants. The property is located steps from the LaSalle Street Metra Station and a few blocks east of the Ida B. Wells feeder ramps, providing access to downtown Chicago. The building is currently 32% leased, presenting a value-add opportunity through lease-up or stabilization, with potential for conversion to multi-family use due to its location and convenient access to public transit. The property is located in a densely populated area with a population of over 396,000 and an average household income of over $147,000 within a three-mile radius. It is also conveniently located within walking distance to several public transportation options, including Union Station, LaSalle Blue, Pink, Brown, Purple, and Orange Line 'L' Stations, and the Harrison Red Line 'L' Station. Additionally, the property is located a few blocks west of Grant Park and approximately one mile from the museum campus and the University of Illinois Chicago. The property is less than 1/2 mile north of the proposed 78 Development featuring the new White Sox stadium.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Bell Eric Attorney Oh & Il Center ... Radio Broadcaster Dupli-Group Commercial Printer HTG Professional Services Clark Street Capital ... Financial Planner

Suggested Use

Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6314191
Latitude
41.8742771

FAQs

What type of property is this?
Office building - Value-add opportunity near public transit in Chicago's South Loop.
Where is this office building located?
The property is located at 601 South La Salle St Chicago, IL.
What are key features of this property?
This property features: - Value-add opportunity: Lease-up/stabilization or potential conversion to multi-family.; - Prime location: Steps from LaSalle Street Metra Station and blocks from Ida B. Wells feeder ramps.; - Located in a densely populated, affluent area with high population and average household income.
More about this property
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