2635 Wabash Avenue, Chicago


0 Beds
0 Baths
96,000 Sqft
.87 Acres
0 Garages

Great value-add opportunity to own gross 96,000sf four-story industrial building with about 40-car parking lot; situated on 38,096sf land, priced at currently 6.8% plus Cap rate at only 47% occupancy rate, while it is a value-add opportunity for you with potential 12% plus Cap rate if it is fully occupied. The property comes with 1 exterior dock and 4 drive-in doors, located in Bronzeville TIF district, 5 blocks from the future development of previous Michael Reese Hospital site, 3 blocks from the I-55 / I-90 highways.

Essential Information
MLS® #10343502
Square Footage96,000
Year Built1910
Community Information
Address2635 Wabash Avenue
AreaCHI - Douglas
Zip Code60616
Parking Spaces40
CoolingCentral Individual

Central Heat/Indiv Controls, Forced Air, Gas

ConstructionConcrete, Stone
FoundationBlock, Concrete, Stone
Lot Description

Public Transport Avail, TIF Zone

Additional Information
Listing Details
OfficeRichland Global Inc
Property History
Status Changed from Price Change to Active
Status Changed from Active to Price ChangePrice Reduced from $5,490,000 to $5,100,000
Status Changed from Price Change to Active
Status Changed from Active to Price ChangePrice Reduced from $5,800,000 to $5,490,000
Status Changed from New to Active

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Listing information last updated on April 5th, 2020 at 10:50am CDT.