Chicago, IL 60654 445 N LaSalle Street

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Presented By: Millennium Properties RE, Inc.
  • MLS# 12373712
  • 05/23/2025
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  • SQFT • 7,200

Home Details

445 N. LaSalle Street is located on North LaSalle Street in Chicago's River North Neighborhood. This 7,200 SF, multi-story, single-tenant boutiqute 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.
Presented By: Millennium Properties RE, Inc.

General for 445 N LaSalle Street

Additional Parcels Y/NNo
CityChicago
CoolingCentral Air
CountyCook
DirectionsNorth on LaSalle St from Wacker Dr. Property is 2.5 blocks north, just past Illinois St on the east side of LaSalle
ElectricOther
Gross Income
Leasable Area7200
Lease TypeNet
Lot Size Square Feet2213
MLS AreaCHI - Near North Side
ModificationTimestamp2025-05-29T08:05:02.612Z
Net Operating Income0
Operating Expense0
Property SubtypeOffice
Property TypeCommercial Sale
Property TypeOffice/Tech
Standard StatusActive
StatusActive
Stories4
Tax Annual Amount35464.3
Tax Year2023
Tenant PaysVaries by Tenant
Year Built1947
ZoningOFFIC

Exterior for 445 N LaSalle Street

Building Area Total7200
Lot Dimensions60X120

Additional Details

Price History

Client Care

Price $1,350,000
MLS#12373712
List Date 05/23/2025
Property Type Commercial
Phone 847.485.2500
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