Financial
Distress signals
Property profile

445 N La Salle Dr Chicago, IL 60654

FOR LEASE
Retail space
Property ID
US28-2572325
4,800 SF 0.05 ac lot Built 1947
Last sale Feb 2026 · $1,000,000
Trust Owned Owner of record is a trust. 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property is a three-story, single-tenant office building with a lower level, totaling 5,400 square feet. The building was updated in 1988 and has since undergone renovations, including improvements to mechanical systems and flexible floor-plan configurations. The site is zoned DX-7 and may support uses such as retail or bar/restaurant concepts, depending on applicable approvals. A cell tower agreement is in place with Verizon. The property includes opportunities for public-facing identification through signage due to its street exposure.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$35k
Tax billed · 2022
Assessed value$168k
Assessed land$149k
Assessed improvement$20k
Effective rate20.57%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$146/SF
Submarket average, outlier-cleaned · 2181 recorded sales of this use type
Observed band · Q1–Q3$69 – $260
Qualifying comparables28

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat15.0
Buffet6.9
Chinese Restaurant6.7

Location

445 N La Salle Dr Chicago, IL 60654
County assessor Recorded deeds · 6 transfers 28 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
658 Wls, Chicago, IL 60654 $4,100,000 Jul 2025 4,800 SF
622 Wls, Chicago, IL 60654 $4,100,000 Jul 2025 4,800 SF
140 Huron, Chicago, IL 60654-3712 $2,050,000 May 2025 5,000 SF
146 Huron, Chicago, IL 60654 $2,050,000 May 2025 5,000 SF
746 La Salle, Chicago, IL 60654-3200 $1,475,000 Apr 2024 5,401 SF
60 Superior, Chicago, IL 60654-4788 $14,300,000 Jul 2022 5,100 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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