400 S LaSalle St 298,000 SF 100% Leased Office Building Chicago, IL 60605 For Sale

INVESTMENT HIGHLIGHTS

  • Adjacent to CoreSite (427 S. LaSalle) and 2 miles North of 350 E. Cermak
  • 3 primary service switchgear and transformer networks
  • 3 @ 1.25MW diesel generators with 40-hour fuel supply at full load
  • 6 MW @ 12kV utility capacity from 3 primary and 2 emergency feeders
  • 9 @ 3000a, 480v switchboards
  • 3 @ 900-ton chillers, cooling towers and pumps

EXECUTIVE SUMMARY

Future Utility
• 33 MW @ 12kV utility capacity from 10 primary and 1 emergency feeders
• 5 primary service switchgear and transformer networks
• 10 @ 4000a, 480v switchboards
• 11 @ 2.5MW diesel generators with 36-48-hour fuel supply at full load
• 15 @ 500-ton chillers, cooling towers and pumps
• 33 MW available by Q2 2026 with the ability to expand to 50 MWs (after substation at 333 S. LaSalle
complete)
Water
Two (2) redundant 12” feeds
Telecoms
The following Telecommunications Providers bring fiber
service into the buildings lower level:
• AT&T (has two separate connections to the building)
• Verizon
• Apcela, BTRadian, Fixnetix, Interactive Data, IPC, 427 S LaSalle Telecom, NexGen, TNS
At 427 S LaSalle (adjacent CoreSite DC), these carriers offer network services in the building: Zayo, Yipes, Windstream
CLEC, Verizon, US Signal, Arelion, RCN, Network USA, Level 3, Hurricane Electric, GTT Communications, Everstream, Crown Castle, Comcast, Cogent, CenturyLink, AT&T, Atlantic Metro, Astound (Fka Grande, RCN & Wave), 365 Data Centers

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Telecom Hotel/Data Hosting
Building Size
298,000 SF
Building Class
A
Year Built
1984
Percent Leased
100%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
49,667 SF
Building FAR
5.95
Lot Size
1.15 AC
Zoning
DC-16 - High-rise Loop Office Buildings
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (83)

PROPERTY TAXES

  • Listing ID: 32786168

  • Date on Market: 8/13/2024

  • Last Updated:

  • Address: 400 S LaSalle St, Chicago, IL 60605