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    OFF-MARKET
    Retail properties & Spaces

    700 La Salle Dr, Chicago, IL 60654

    5,365 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Caspian Oriental Rugs (Bike/Boat/Book/etc) Store Carpet & Flooring Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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