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328 N Desplaines St., West Loop, Chicago, IL - Trio Retail Center

$62/sqft/yr

328-334 N. Desplaines Street, Chicago, IL 60661

Active
Last Updated: 10/29/2026

6

Cap Rate

526,988.59

NOI

Details:
Cap Rate:    6%
NOI:    $526,988.59
Building Size:    10,316 sqft
Lot Area:    0.46 acres
Occupancy:    100%
Units:    6
Year Built:    2008
Floors:    1
Parking Spots:    32
Description:

Conveniently situated at 328 N. DesPlaines Street, Chicago, IL, 60661, this prime retail space offers unparalleled visibility in a bustling urban setting. Shadow Anchored by Jewel Osco, tenants benefit from high foot traffic and exposure, complemented by nearby prominent retailers such as Chase Bank, 'Dentistrie', and The Joint. Additionally, the property's location within the Fulton River District ensures excellent connectivity, with a Walk Score® of 95 and a Transit Score® of 94. With its strategic position at a signalized intersection and being part of the West Loop, this property presents an outstanding opportunity for retailers seeking a dynamic, high-impact location.

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.

Site:
Center Type: Neighborhood Retail Center
Gross Leasable Area: Approx. 75,316 SF
Total Land Area: 1.39 acres
Year Built: 2006
Parking: 117 spaces
Frontage:
314’ on N Des Plaines St
345’ on W Kinzie St
328’ on N Union Ave
Tenancy & Anchors:

Tenants:
Shadow Anchored by Jewel-Osco
Tenants include Chase Bank, The Joint Chiropractic, and Dentistry
Ideal for retail and service-oriented businesses

Accessibility & Visibility:
Located at a signalized intersection with excellent visibility
High foot traffic due to the surrounding high-rise residential buildings
Close proximity to public transportation, including CTA Blue, Green, and Pink Line stations
Demographics:

Demos:
Over 450,000 residents within a 3-mile radius
Average household income: Approx. $125,000

Map:
1 Space Available

334 N Desplaines St. , 408D, 1 Strip Center

Available:
10/01/2027
Sublease:
No
SQFT
1,122
Lease Rate:
$62/sqft/yr
Lease Type:
Gross

Former Chiropractic Office

Documents:
Title
Chicago Trio Retail Center OM.pdf
View
Chicago 334 Desplaines Trio Center For Lease.pdf
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Location
Gallery