445 N LaSalle Street
Chicago, IL, 60654 $ 1,195,000
Bedrooms-- Baths-- Sq 5,400 for $1,195,000. This 5,400 square foot property was built in 1947 on a lot size of 0.050803.
445 N. LaSalle Street is located on North LaSalle Street in Chicago's River North Neighborhood. This 5,400 SF, multi-story, single-tenant boutique office building has been completely renovated and has been improved with numerous high-end upgrades including a center staircase, atrium and skylight. The property benefits from an FAR of 3.25 and is zoned DX-7, which allows for a variety of uses including office, retail and residential. A long-term lease with Verizon Wireless provides the property with in-place income. The visibility and the in-place income coupled with the easy access to Lake Shore Drive, the I-90/I-94 Expressway and public transportation makes this offering the perfect opportunity for an investor or user to acquire a well-maintained boutique office building in the heart of the vibrant River North neighborhood. The River North neighborhood of Chicago is a sought-after location for both businesses and residntial because of its central location, connecting Fulton Market, River West, the Loop, Gold Coast, Streeterville, and the Magnificent Mile. This desireable neighborhood hosts a multitude of retail shopping options, art galleries, hotels and high-end residential. The neighborhood is also Chicago's go-to hub of nightlife and entertainment, featuring many of the city's acclaimed bars and clubs. This area has a high population density with more than 14,300 existing multi-family units, 2,760 more under construction, and over 1,380 proposed. The area continues to see a significant increase in residential developments and developer/investor activity over the past several years.
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FeaturesGeneralCooling Central Air
Zoning OFFIC
Year Built 1947
Electric Other
Tenant Pays Varies by Tenant
Stories Count 4
Property Subtype Office
Tax Year 2023
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Office/Tech
Status Active
Directions North on LaSalle St from Wacker Dr. Property is 2.5 blocks north just past Illinois St on the east side of LaSalle
City Chicago
MLS Area CHI - Near North Side
Lot Size Square Feet 2213
Tax Annual Amount 35464.3
Additional Parcels Y/N N
Leasable Area 5400
Lease Type Net
Standard Status Active
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ExteriorBuilding Area Total 5400
Lot Dimensions 60X120
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* Excluded FeaturesList ByMillennium Properties Re, Inc.Broker
dhyman@mpirealestate.comEmail
NearbyAbout Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/22/2025 | $1,195,000 | -11.48% | Price Down |
| 5/23/2025 | $1,350,000 | | Listed Price |