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    Property profile & analytics
    OFF-MARKET Estimated value $3,105,000
    Office buildings

    231 La Salle St, Chicago, IL 60604-1426

    1,112,200 SF 0.77 ac lot Built 1922
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US28-0584973
    Property summary
    AI-generated overview

    This exceptional turn-key office space in Chicago's vibrant Loop offers a variety of configurations suitable for executive offices, coworking, or creative office setups. Located in the heart of the Central Business District, the property boasts unparalleled convenience with immediate access to public transportation, making commuting a breeze. The building's prime location also places tenants within easy reach of numerous high-end hotels and five-star dining establishments, ideal for business meetings and client entertainment. The workspace itself is designed for maximum productivity, featuring a modern aesthetic and stunning panoramic city views. Premium amenities are included, enhancing the overall work experience. The building fosters a dynamic and energetic atmosphere, reflecting the fast-paced nature of Chicago's business environment. Multiple tenancy options are available, catering to businesses of various sizes and needs. This is an exceptional opportunity to secure a prestigious office space in one of Chicago's most desirable locations within Cook County. The building's excellent transit connections ensure seamless connectivity throughout the city, further enhancing its appeal to businesses seeking a central and accessible location. The overall environment is designed to support a productive and exciting workday, making it an ideal choice for companies seeking a premium workspace in the heart of Chicago's Loop.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1922
    Total area 1,112,200 SF
    Lot 0.77 ac (33,415 SF)
    APN 17-16-222-010
    UPID US28-0584973
    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
    • US Army Corps of Engineers Sustainability Organization
    • Pedersen & Weinstein LLP Law Firm
    • Engage Civil General Contractor
    • Great Lakes Advisors Financial Advisor
    • Relativity (Bike/Boat/Book/etc) Store Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.11M
    Owner & transaction history
    Bcsp 231 Property LLC · 8 yrs held
    Bcsp 231 Property LLC
    since 2017
    7 recorded transactions
    2021
    2017
    $16.2M
    2012
    $97.0M
    2009
    $749,000
    2009
    2005
    2003
    $87.5M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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