Listing provided courtesy of @properties CommercialMREDas Distributed by MLSGrid- MLS# 12495201MLS Provider

737 N LaSalle StreetChicago, IL 60654

Commercial · 19,250 Sq. ft.
$3,500,000 Active

737 N LaSalle Street Overview

Time on Site:
258 days
Visits:
12

Multi-Level restaurant/Bar space for lease. 14,656 sq ft of total space over 3 floors plus lower level. Can be divided for the right uses. Zoned DX-7. Fully Sprinklered building and new elevator being installed. approx. 3664 sq ft per floor. Main floor has full bar, kitchen with black iron and prep and dining room as well as 2 multi-stall bathrooms. Lower level has small bar, storage, office, bathroom as well as utility rooms. 2nd floor has another bar, dining area and bathrooms as well as a second kitchen with black iron. Dish hoods in both kitchens. 50 feet of frontage for outdoor patio, second floor garage doors to open front wall, and rear parking for owners or employees. Allowing this to be a great floor for private dining, events etc. 3rd floor currently set as storage and office but could be made into dining or event space. 800-amp 3 phase electric. Tons of potential in this space that housed Cafe Iberico for over 30 years. Amazing location in the heart of River North with endless vehicular traffic and neighborhood density. Close to train and highway with bus stops just outside the space.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

737 N LaSalle Street Facts & Features

  • Type Commercial
  • Sq. ft. 19,250
  • Price/Sq.ft. $182

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: Net
  • Net Operating Income: 0

Building Information

  • Year Built: 1970

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Near North Side

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Scavenger, Sewer, Other

Tax Information

  • Tax Annual Amount: $144,000.00
  • Tax Year: 2023

General Information

  • Parcel Number: 17092040050000
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 19250

General Information

  • Cooling: Central Individual
  • Electric: Circuit Breakers, Over 600 Amps
  • Leasable Area: 14656
  • Stories: 4

Unit Information

  • Unit SqFt.: 15400

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 96x50
  • Lot Size Square Feet: 4800

737 N LaSalle Street Neighborhood

Community

60654 (CHICAGO) Demographics

33
Median Age
34,153
Population Density (per sq. mile)
89%
College Educated
$128,101
Estimated Median Income
4,958
Estimated Total Home Owners
8,223
Estimated Total Renters
38% / 62%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

737 N LaSalle Street Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

737 N LaSalle Street Market Data

Based on the last 30 days in this zip code

$812,484
Average List Price
$575
Average Price per Square Foot
67
Properties Sold
61
Average Days on Market
163
Properties for Sale
Calculations provided by Reliance Network

737 N LaSalle Street History

Date Event Value Agent
1/27/2026Source: MRED Status Change
Active
1/22/2026Source: MRED Price Reduction
$3,500,000 -10.3%
1/22/2026Source: MRED Status Change
Price Change
10/20/2025Source: MRED Status Change
Active
10/15/2025Source: MRED Price Increase
$3,900,000 389,999,900.0%
10/14/2025Source: MRED Added to Database
October 14, 2025