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427 S LaSalle St
Chicago, IL 60605
CH1 · Industrial Property For Sale

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EXECUTIVE SUMMARY

Subject property is located on North LaSalle Street in Chicago’s River North Neighborhood. This 7,200 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. Also available for lease.

PROPERTY FACTS

Sale Type Investment
Property Type Industrial
Property Subtype
Building Class B
Lot Size 0.64 AC
Rentable Building Area 180,000 SF
No. Stories 8
Year Built 1919
Tenancy Single
No. Dock-High Doors/Loading 1
Zoning DC-16

AMENITIES

  • Security System

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 17-16-243-026-0000
  • 17-16-243-033-0000
  • 17-16-243-003-0000
Land Assessment
$4,110,305 CAD
Improvements Assessment
$23,149,585 CAD
Total Assessment
$27,259,890 CAD
  • Listing ID: 36216813

  • Date on Market: 2025-06-11

  • Last Updated:

  • Address: 427 S LaSalle St, Chicago, IL 60605

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