Property profile

700 La Salle Dr Chicago, IL 60654

OFF-MARKET
Retail properties & Spaces
5,365 SF
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Property summary

AI-generated overview

This exceptional free-standing, single-story commercial building, located at 700 N LaSalle Drive in Chicago's vibrant River North neighborhood, presents a rare investment opportunity. The 5,365 square foot building boasts a prime location at the highly visible corner of LaSalle and Huron, offering unparalleled branding potential. Its iconic pylon signage ensures maximum exposure to the dense, high-income demographic surrounding the property. The building features a mostly column-free, wide-open floor plan with approximately 13-foot high ceilings, providing exceptional flexibility for a variety of uses. A convenient drive-in door off Huron Street adds to the property's operational efficiency. The building is available for sale or lease, making it an ideal option for owner-users or investors seeking a unique, single-tenant property in a premier location. The property is unencumbered, offering a clean and straightforward transaction. This is a truly exceptional opportunity to acquire a landmark building in one of Chicago's most desirable commercial districts. The lot line extends from lot line to lot line, maximizing usable space. The building's location within Cook County, Illinois, zip code 60654, ensures easy access to major transportation routes and amenities. This property is perfect for a quick-service restaurant (QSR), full-service restaurant, or storefront retail operation.

Property profile

Verified
Property type Retail properties & Spaces
Total area 5,365 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Location

700 La Salle Dr Chicago, IL 60654
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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