210 S Desplaines Street, Chicago, IL 60661
COMMERCIAL - Chicago, IL
- Added:
- Jul 8, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 9 at 7:06 am
Property Features for 210 S Desplaines Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- OFFIC
- Standard status
- Active
- APN
- 17161090290000
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 204849
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1913
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Wood
- Building materials
- Brick
Listing agent Jesse Nocon (312) 599-6505
Listing office MUV Real Estate 1101 W. Lake St, Suite 602, Chicago, IL (312) 900-3429
Listing date Jul 8, 2026
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- West Loop one‑story corner commercial space with 8,000 SF available for sale or lease.
- Can be combined with an additional 4,000 SF unit to accommodate larger business needs.
- 4 indoor garage parking spaces included, with 13 available total.
- Built in 1913 with brick construction and wood flooring.
- Central air cooling included.
- Available for sale or lease at $35/SF.
Overview
Located in the West Loop at 210 S Desplaines Street in Chicago (60661), the property is marketed as an in-demand neighborhood offering space that can work for both sales and leasing scenarios.
For tenants, the configuration and included indoor parking make it a practical fit for businesses that benefit from direct, on-site access and adaptable occupancy size. For buyers, the ability to combine with an additional unit can support larger operational requirements while maintaining a commercial corner presence. The offering is available for sale or lease, with pricing and tour details available upon request.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $307.2k | $38.40 |
| − Vacancy | −$78.3k | −$9.79 |
| EGI | $228.9k | $28.61 |
| − OpEx | −$57.2k | −$7.15 |
| NOI | $171.6k | $21.46 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6442838
- Latitude
- 41.8791056
