Collective 435 N LaSalle St Chicago, IL 60654
Chief Executive Officer
Property Overview: 435 N LaSalle St
Building Name & History: Built in 1906, this five-story historic brick-and-timber construction exemplifies classic early-20th-century Chicago commercial architecture. It was fully modernized via an extensive adaptive reuse interior renovation completed in 2017.
Current State: The property operates as a fully stabilized, high-end creative loft office and retail building. According to the active 435 N LaSalle LoopNet Listing, it features modern multi-tenant layouts occupied by premium brands like Simple Mills, HealthJoy, and SHIFT Concierge Primary Care on its upper floors, alongside ground-floor design and luxury retail boutiques.
Location: Anchored at 435 N LaSalle St, Chicago, IL 60654. It occupies a prominent corner lot at LaSalle St. and Ohio St. in the absolute heart of the River North business and dining corridor, just one block north of the Chicago River.
Head of Operations
Deal & Property Specifications
Location: Chicago, Illinois
Property Type: Commercial Creative Office / Retail Loft
Investment Period: 2010s While the original 1900s structure has traded hands among institutional asset management firms (currently leased out via Madison Rose and Vista Property), it has maintained a continuous presence as a prime tech-hub and workspace anchor in downtown Chicago.
Property Size: 5 stories plus a finished lower level, encompassing approximately 40,000 to 50,000 square feet of gross rentable area with typical 10,000 square foot floor plates.
Investment & Valuation: Positioned in one of the most transit-accessible and dense corporate submarkets in the Midwest, stabilized creative office assets of this caliber carry severe land and equity premiums. Base rental rates track around $35.00/SF/yr, driving an aggregate asset evaluation comfortably deep into the multi-million dollar institutional threshold
