10 La Salle StChicago, IL 60603

  • Office buildings
  • 794,100 SF
For Lease

Property Details for 10 La Salle St

Year built
1986
Lot size
0.10 AC
Property size (Sq ft)
794,100 SF
Property type
Office buildings
APN
17-16-203-010
APU
1716203010

Description

10 South LaSalle Street offers exceptional executive office space in the heart of Chicago's central business district. This prestigious 37-story tower boasts 795,048 square feet of total space, with 2,150 square feet currently available for lease. The building features a striking modern design, incorporating elements of its original 1910 façade, and includes a dramatic two-story lobby. Suites range from a minimum of 895 square feet to a maximum contiguous space of 2,150 square feet, perfect for businesses seeking flexible and efficient layouts. The building benefits from premium construction, advanced building systems, and a highly desirable location at the intersection of Madison and LaSalle Streets, providing unparalleled access to public transportation and proximity to both the Central and West Loop submarkets. This is a rare opportunity to secure prime office space in one of Chicago's most iconic buildings. The building is comprised of three suites in total, offering multiple tenancy options. The property is located in Cook County, Illinois, and has a zip code of 60603. The building's efficient floor plates and superior amenities make it an ideal location for discerning businesses. This is a truly exceptional opportunity to establish a presence in a landmark Chicago skyscraper.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $255,201,104
    6.5%
    $235,570,256
    7%
    $218,743,808
  • Comparable approach

    Method
    Valuation
    Relative Method
    $103,431,528
    Geo Method
    $103,431,528
  • Alternative Use

    Use
    Valuation
    Residential
    $292,107,104
    Hospitality
    $267,568,544
    Educational
    $222,613,888
    Medical
    $230,269,920
    Retail
    $346,288,288
10 La Salle St, Chicago, Illinois

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.8817
Longitude
-87.6326
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,141,939
$660,000
$4,891,957
$5,551,957
-
$2,640,000
$19,567,828
$22,207,828

FAQs

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