Commercial Real Estate

2241 s wabash avenue

chicago, IL

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Status: Active
Property Type: Commercial Real Estate
Community: South Loop
$3,350,000
price
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bedrooms
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bathrooms
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square feet
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Just south of the South Loop of Chicago, this exceptional mixed-use commercial property in the Motor Row neighborhood of Chicago. This building's striking exterior design and its timeless architecture make it stand out among other commercial properties in the area. The spacious three-level layout with soaring timber ceiling heights of 16' on the 2nd and 3rd floors with exposed brick, and 17' for the garage with a drive-in door, complete with a full basement, totaling an impressive 39,900 square feet, with just about 10,000 SF per floor, 400-AMP electrical service per floor, and a freight elevator. Situated in a TIF district and an opportunity zone, presents a unique chance for investors seeking tax incentives, capital improvements, and long-term growth potential. The 3rd floor provides the perfect canvas for creating versatile and functional workspaces, complete with 1 office, a conference room with a skylight, a kitchenette, and 2 dedicated restrooms. The 2nd floor has an impeccably-designed interior that exudes professionalism and modernity with enclosed glass offices, 1-2 large conference rooms, 7-8 private offices, center open floorplan, reception area, media/conference room adjacent to the open office, IT room, storage room, 2 large dedicated restrooms, the kitchen is a dream. The main level consists of front retail/offices, garage in the rear of the building with 17-19 surface spaces, a drive-in door, warehouse area, and a full locker room area, and the full basement offers full ceiling height space for storage, equipment, or expansion, allowing your business to grow and adapt as needed. This office building offers an incredible opportunity to be near McCormick Place, major transportation routes are easily accessible, ensuring effortless commuting for employees and clients via McCormick Place Green Line Station, bus routes, Interstates 55, 90, and Route 41-Lake Shore Drive. Surrounding this property, you will find an array of amenities that cater to the needs of your business and employees. From a variety of dining options to retail shops and entertainment venues, the vibrant city of Chicago, offering a wealth of cultural experiences, world-class dining, and an energetic arts scene.
Lot size: 11,520 square feet
Taxes: $229,583
Style:
County: Cook
Listing time: Clients only
MLS #: 12290423

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Property Details: 2241 s wabash avenue

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Interior features

Interior information
  • Total Rooms: Ask Agent
  • Bedrooms: Ask Agent
  • Interior Features: Computer Floor, Employee Kitchen, Elevator/s Passenger, Multi-Tenant, Overhead Door/s, Private Restroom/s, Public Restroom/s, Skylight/s, Storage Inside, Basement
  • Full Bathrooms: Ask Agent
  • Half Bathrooms: Ask Agent
  • Master Bedroom: No
  • Additional Rooms: Ask Agent
Living Room
  • Size: Ask Agent
  • Level:
  • Floor Coverings:
Dining Room
  • Combined With Living Room: No
  • Size: Ask Agent
  • Level:
  • Floor Coverings:
Kitchen
  • Size: Ask Agent
  • Level:
  • Floor Coverings:
Family Room
  • Size: Ask Agent
  • Level:
  • Floor Coverings:
Master Bedroom
  • Size: Ask Agent
  • Level:
  • Floor Coverings:
Laundry
  • Size: Ask Agent
  • Level:
  • Floor Coverings:
Basement
  • Basement: No
  • Description:
Equipment, Appliances, HVAC
  • Heating: Central Bldg Heat, None
  • Cooling: Central Air
  • Appliances: Ask Agent
  • Additional Equipment:

Exterior, pets, parking, misc

Exterior information
  • Exterior Features: Brick
  • Exposures:
  • Roof: Flat,Pitched, Rubber
  • Lot Acres: Ask Agent
  • Lot Square Footage: 11,520 square feet
  • Waterfront: No
Pets
  • Pets Allowed: Ask Agent
  • Pet Information:
Parking
  • Total Parking Spaces: Ask Agent
  • Parking Description: Indoor: 13-18 Spaces, 19-30 Spaces; Outdoor: Parking-Street
  • Garage Spaces: Ask Agent
  • Garage Description:

Financial information

  • Taxes: $229,583
  • Tax Year: 2023
  • Assessments (HOA): Ask Agent
  • Assessments Include:
  • Special Assessments:
  • Is Distressed Sale: No

Property specific details

  • Year Built: 1915
  • Building Age: Older
  • Total Number Of Units: 3
  • Number Of Stories: 3

chicagohome's network knowledge

  • Usable SqFt: Ask Agent
  • $'s/Usable SqFt: Ask Agent
  • Parcel Identification Number (PIN): 17271010210000
  • Subdivision Name:

Listing courtesy of @properties

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