Property profile

222 La Salle Dr Chicago, IL 60601

OFF-MARKET
Retail properties & Spaces
3,564 SF 1.04 ac lot Built 1926
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional Class A retail space, located at 222 North LaSalle Street in Chicago's Central Business District, offers a unique opportunity for a discerning tenant. The 3,564 square foot space is situated in a 26-story building constructed in 1926 and renovated in 1986, boasting prominent visibility directly overlooking the Chicago River. This prime location provides unparalleled access to a substantial daytime and nighttime population. The property's Wacker Drive frontage ensures high traffic and visibility, drawing customers from both the Chicago Loop and River North submarkets. This vibrant area is home to a number of high-end restaurants and retailers, including Prime & Provisions, Chicago Cut, Soul Cycle, AceBounce, Flight Club, and the new Apple store, establishing a prestigious retail environment. The entire 3,564 square feet is available, offering a significant presence in this coveted location. While the building offers no dedicated parking spaces, the property's location within the heart of downtown Chicago provides easy access to public transportation and other parking options. The building features elevators for convenient access to all levels. This Cook County property sits on 1.04 acres of land, presenting a rare opportunity to establish a flagship retail presence in one of Chicago's most desirable commercial districts.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1926
Total area 3,564 SF
Lot 1.04 ac (45,302 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
  • Real Estate Agency
  • Charitable Organization Social Service Agency
  • Production Facility
  • Law Firm
  • Food Market Restaurant

Location

222 La Salle Dr Chicago, IL 60601
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 222 La Salle Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message