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1145 S Desplaines St Chicago, IL

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Urban infill net lease in vibrant South Loop Chicago.

Type:RETAIL
Lot size:
0.20 Acres
Added:
Oct 27, 2025
Days on Market:
181
Last Refresh:
Apr 5 at 10:36 pm

Property Features for 1145 S Desplaines St

General Information

Standard status
Active
Lot size
0.20 Acres
Property subtype
RETAIL

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Listing Contact
Isaiah Harf
Isaiah Harf

Listing agent Isaiah Harf

Listing office Northmarq | Chicago (East Wacker Dr)

Listing date Oct 27, 2025

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Northmarq | Chicago (East Wacker Dr)


Overview

South Loop Net Lease Opportunity

This property presents a rare net lease opportunity in the vibrant South Loop area of Chicago. The location benefits from dense, urban infill characteristics and high population numbers. Situated on a hard, signalized corner, the property offers excellent visibility and unique on-site parking. A long-term net lease is in place with a national nonprofit organization with strong credit. The property is adjacent to expressways and in close proximity to the University of Illinois-Chicago (UIC). Significant capital improvements are scheduled for 2025, making this a turnkey asset.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Law Firm Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

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Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6434
Latitude
41.8675

FAQs

What type of property is this?
Storefront property - Urban infill net lease in vibrant South Loop Chicago.
Where is this storefront property located?
The property is located at 1145 S Desplaines St Chicago, IL.
What is the asking price?
The asking price for this property is $1,848,000.
What are key features of this property?
This property features: Long‑Term Net Lease with a National Nonprofit with Strong Credit; Rare, Dense, Urban Infill Net Lease Opportunity in Vibrant South Loop Chicago Location; **Significant 2025 Capital Improvements (Turnkey Asset)**
(312) 240-0127 Call to check price and availability
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