Located within the Chicago metropolitan area, the mall lies east of Interstate 294 and O'Hare International Airport and is adjacent to Rosemont Theatre.

The mall totals 530,000 sq ft (49,000 m2), with anchor stores Bloomingdale's Outlet, Saks Fifth Avenue Off 5th, Forever 21 and Nordstrom Rack along with other retailers such as Gucci and Giorgio Armani.

Plans for a new mall in Rosemont, Illinois, east of Interstate 294, were announced on March 4, 2009, and 14 acres (5.7 ha) of land were sold to a joint venture between AWE Talisman and American mall operator Macerich at a cost of US$10.4 million.

[5] Macerich chairman Arthur Weiner touted the mall as "the perfect layover destination," as amenities for travelers from O'Hare International Airport ranged from transportation from the airport to the mall via shuttle buses and early check-in and baggage check.

[14] The expansion was called off in late 2020 due to multiple factors, including the economic consequences caused by the COVID-19 pandemic.

[19] Upon its opening in 2013, Bloomingdale's Outlet, Neiman Marcus Last Call, Saks Fifth Avenue Off 5th, and Forever 21 served as anchor stores within the mall.

[25] Public transportation to Fashion Outlets of Chicago via bus is provided by Pace, and includes the following bus routes:[26] Shuttle buses are accessible to travelers from the nearby O'Hare International Airport and typically offers 30 shuttles per day.