Slate Asset Management Buys 224 N. Des Plaines St (81,300 SF) in Chicago

Reported Sep 22, 2026 · Source: The Real Deal

Source: The Real DealRead the full report at The Real Deal ↗

Deal details

Buyer
Slate Asset Management
Seller
Shopoff Realty Investments (sold with 900 N. Franklin St)
Price
$13.2M
Size
81,300 SF
Price per SF
$162 per SF (our calculation)
Asset class
Office
Transaction
Sale
Sub-market
West Loop / Fulton Market
Metro
Chicagoland
Reported date
Sep 22, 2026

Summary

224 N. Des Plaines St is an office sale in West Loop / Fulton Market, Chicagoland. Other details we have: buyer Slate Asset Management; seller Shopoff Realty Investments (sold with 900 N. Franklin St); price $13.2M; size 81,300 SF. The Real Deal reports: β€œA Chicago office building at 224 North Des Plaines Street sold for $13.2 million.” The Real Deal reports: β€œThe building stands six stories tall and spans 81,300 square feet, according to LoopNet.”

Quoted from the article; the other facts come from our own deal listing.

Source: The Real Deal

Read the full report at The Real Deal. What the article says:

  • Deal / Price
    A Chicago office building at 224 North Des Plaines Street sold for $13.2 million.
  • Size
    The building stands six stories tall and spans 81,300 square feet, according to LoopNet.
  • Buyer / Seller
    πŸ“Š Commercial: Irvine, California-based Shopoff Realty Investments sold two office properties to Chicago-based Slate Asset Management.

Article date: 2026-09-22

Quick answers

Who bought 224 N. Des Plaines St?
Slate Asset Management bought 224 N. Des Plaines St in West Loop / Fulton Market, Chicago, according to The Real Deal.
How much did 224 N. Des Plaines St sell for?
The reported price is $13.2M ($162 per SF, our calculation), per The Real Deal.
How big is 224 N. Des Plaines St?
81,300 SF, as listed from the source.
When was this sale reported?
Reported Sep 22, 2026 by The Real Deal.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.