328 N Desplaines St - Storefront Retail/Residential FOR SALE


Chicago, IL 60661- West Loop
$8,783,133 USD
773-531-6886
328 N Desplaines St, Chicago, IL for Sale
$8,783,133 USD
Storefront Retail/Residential - FOR SALE
1/9
null | 6.27% Cap Rate

328 N Desplaines St
Chicago, IL 60661
West Loop


OVERVIEW

The Trio Retail Center is located at 328 N. Des Plaines Street, Chicago, IL 60661, in the Fulton River District near the West Loop. It is a mixed-use development featuring 10,253sf of retail space (subject property) with residential units above, with high visibility at a signalized intersection and proximity to the Clinton Station (Green and Pink Lines) and Grand Avenue Station (Blue Line). Immerse yourself in the vibrant energy of Chicago's West Loop, where the Trio Retail Center is ideally located. This bustling neighborhood is renowned for its thriving culinary scene, trendy boutiques, and innovative businesses. Nearby, the iconic Willis Tower offers unparalleled views, while the bustling Randolph Street Market District provides an eclectic array of dining and entertainment options. With the acclaimed United Center and the Chicago Riverwalk just a short distance away, the area promises a dynamic mix of culture and commerce. Perfectly positioned for retail and lifestyle center investors, this prime location offers endless opportunities to tap into the pulse of Chicago's urban vitality.

FOR SALE DETAILS

PRICE

$8,783,133 USD

PRICE/SF

$851 USD /SF

CAP RATE

6.27%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Trio Retail Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

B3-3

APN/PARCEL ID

17-09-301-002-0000,17-09-301-010-1003,17-09-301-010-1012,17-09-301-010-1058,17-09-301-010-1070

ASK ABOUT THIS PROPERTY

Brad BeldenColliersMore Info
773-531-6886

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Brad BeldenColliersMore Info
773-531-6886

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.