210 S Desplaines Street Chicago, IL 60661
COMMERCIAL - Chicago, IL
- Added:
- Jul 7, 2026
- Days on Market:
- 6
- 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
- 0.28 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 301267
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1913
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Wood
- Building materials
- Brick
Listing agent Soharb Khan (312) 599-6505
Listing office MUV Real Estate 220 N Green St, Chicago, IL (312) 900-3429
Listing date Jul 7, 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.
An indoor garage parking offering of 12 spaces supports tenant needs for day-to-day access. The property is located at 210 S Desplaines Street in Chicago, and is listed with zoning indicated as OFFIC.
The building layout supports flexibility for occupancy planning, including the option to lease or purchase either the larger or smaller configuration depending on space requirements.
Key Highlights
- 12,000 SF one‑story West Loop commercial building for sale or lease
- Space is divisible into 4,000 SF and 8,000 SF units
- Indoors garage parking: 6–19 spaces available
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 | $460.8k | $38.40 |
| − Vacancy | −$117.5k | −$9.79 |
| EGI | $343.3k | $28.61 |
| − OpEx | −$85.8k | −$7.15 |
| NOI | $257.5k | $21.46 |
Alternative Uses
Property Analytics
Current Use by Public Records
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