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1145 S Desplaines St Chicago, IL 60607

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For Sale
$1,848,000

Urban infill net lease in vibrant South Loop Chicago.

Lot size:
0.20 Acres

Property Features for 1145 S Desplaines St

General Information

Lot size
0.20 Acres

Source: Northmarq | Chicago (East Wacker Dr) Agent Isaiah Harf

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


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.
Insight Report Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Law Firm Clothing Store

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

Similar Places Nearby

Strewn

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6434008
Latitude
41.8675274

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)**
More about this property
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