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505 North Lasalle
Located
in the heart of River North, and within easy walking
distance to the Daley Center, City Hall, Cook County Building
and the Merchandise Mart, this fully renovated, 5-story office
and retail property houses 11 private, architecturally designed
office suites on its upper 4 floors. In addition, there are 4
retail suites on the LaSalle Street ground floor. The building
is surrounded by great restaurants, is close to Michigan Avenue
hotels and just a few blocks from the Chicago River. It is conveniently
located next to a variety of shops and office support services.
Suite amenities include some suites with glass and metal framed
entry doors, and others with solid wood doors, wet bar/coffee
areas, carpeted floors and overhead fluorescent lighting with
some track, huge operable thermopane windows, window treatment
of 1 mini blinds and individually controlled air-conditioning.
Elements of the common area include carpeted hallways, automatic
passenger elevator with floor lock out system for security and
a carpeted, secured interior staircase, exterior intercom security
for each office, marble lobby entry floor with architectural statuary.
When occasionally, but not often available, office suites range
in size from 1,500 square feet to a full floor use of 5,000 square
feet. The retail suites are approximately 1,200 to 1,350 square
feet in size.
The high identity and central location of this LaSalle Street
address in Chicago often commands considerable more rental dollars
than other well-known streets, but not at the 505.
The
landlord provides common area janitorial with no pass through
for expenses, and a current base year for net tax participation
of increases only above base year. Tenant pays heat and air.
See more pictures.
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