New search
Property profile & analytics
FOR LEASE
Office buildings
180 N La Salle St Chicago, IL 60601
Entity Owned
10-yr Hold
Free & Clear
Property ID
US28-2806723
For Lease
1 / 3
$4,465,000
180 N La Salle St, Chicago, IL 60601
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1974
Total area
826,300 SF
Lot
0.74 ac (32,341 SF)
APN
17-09-432-015
UPID
US28-2806723
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
-
Carpenter Lipps & Leland LLP Law Firm
-
Auto Finance Law Consultant
-
NTS Corporate Housing Chicago Headquaters Vacation Rental
-
Realmuto Julie M Law Firm
-
Barry Greenburg Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.47M
Owner & transaction history
180 N Lasalle Property Owner · 10 yrs held
180 N Lasalle Property Owner
since 2016
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Chicago submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chicago submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$5 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$8,084,946
Tax year 2022
Assessed value
$39,307,933
Assessed 2022
Previous assessed
$35,647,668
+10.3% YoY
Effective rate
20.57%
On assessed value
Assessed land
$4,851,150
Assessed improvement
$34,456,783
Land market value
$19,404,600
Improvement market value
$137,827,132
Total market value
$157,231,732
Applied tax rate
76,015.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1974
Heating
NONE
Stories
39
Total area
826,300 SF
Lot
0.74 ac (32,341 SF)
APN
17-09-432-015
UPID
US28-2806723
Jurisdiction
COOK
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1974
Heating
NONE
Stories
39
Lot
0.74 ac
Current owner
From public records · entity-resolved
180 N Lasalle Property Owner
Entity
Free & Clear · 10 yrs held
Mailing address
180 N LA SALLE STLL020, CHICAGO, IL 60601-2501
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2016
$198,500,000
180 N Lasalle Property Owner
Bcsp 180 North Lasalle Propert
Grant Deed
related
—
Jan 17, 2014
$126,000,000
Bcsp 180 North Lasalle Prop Ll
180 N Lasalle Realty LLC
Grant Deed
related
—
May 18, 2010
$72,250,000
180 N Lasalle Realty LLC
180 N Lasalle II LLC
Special Warranty Deed
$64,000,000 · Starwood Property Mortgage LLC
Jan 21, 2004
—
180 N Lasalle II LLC
Lasalle Bank NA Trustee
Quit Claim Deed
related
$67,000 · Greenwich Capital Fin'l Produc
—
—
180 N Lasalle Property Owner L
—
Deed Of Trust
related
$109,175,000 · Landesbank Hessen Thueringen
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
