135 La Salle StChicago, IL 60603

Property Details for 135 La Salle St

Year built

1934

Lot size

1.38 AC

Property size (Sq ft)

1,437,400 SF

Property type

Office buildings

APN

17-16-211-009

APU

1716211009

Description

This exceptional 11,133 square foot executive office suite is available for immediate occupancy within the prestigious 135 S. LaSalle building in Cook County. Located in the heart of Chicago's financial district, this Class A property boasts beautiful historic architecture and offers unparalleled convenience with easy access to public transportation (El and bus lines). The building itself is a landmark, featuring a stunning lobby with convenient amenities including a bank and restaurants. This fully furnished sublease space is ideal for a technology company or any business seeking a move-in ready, high-end environment. The space includes eight private offices, bench seating accommodating up to 56 individuals, a large conference room (14 seats), a smaller conference room (6 seats), a meeting room (4 seats), and a spacious open gallery kitchen conveniently located near the entrance. The asking rate is $28.00 per square foot, full gross, reflecting the superior quality and prime location of this offering. The sublease term expires June 30, 2025. The entire building encompasses 1,310,047 square feet and is comprised of a single suite. This represents a unique opportunity to secure a sophisticated and well-appointed workspace in one of Chicago's most desirable addresses.

• CAP approach

  CAP return

  Valuation

  6%

  $461,939,392

  6.5%

  $426,405,600

  7%

  $395,948,064

• Comparable approach

  Method

  Valuation

  Relative Method

  $187,221,344

  Geo Method

  $187,221,344

• Alternative Use

  Use

  Valuation

  Residential

  $528,742,944

  Hospitality

  $484,325,696

  Educational

  $402,953,280

  Medical

  $416,811,456

  Retail

  $626,816,192

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.8798

Longitude

-87.6316

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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