210 S Desplaines Street Chicago, IL 60661
COMMERCIAL - Chicago, IL
- Added:
- Jul 8, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 12 at 4:06 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 220 N Green St, 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.
Investment Insights
Based on property information with market context.
The property is zoned OFFIC. For planning and access purposes, parking availability is a key component of the configuration, and the corner layout provides a distinct street-facing presence for the business.
Total size is presented as 8,000 SF for this unit, with combination opportunity described for flexibility across tenancy requirements.
Key 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.
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 |
