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2635 South Wabash Avenue, Chicago
Great value-add opportunity to own gross 95,250sf four-story industrial building with about 40-car parking lot; situated on 38,096sf land, priced at currently 4.5% Cap rate at only 40% 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, 8 blocks away from the McCormick Place, 5 blocks from the future development of previous Michael Reese Hospital site, 3 blocks from the I-55 / I-90 highways.
- MLS® #10343502
- Year Built1910
- TypeCommercial Sale
- Parking Spaces40
- Days on Market569
- Address2635 South Wabash Avenue
- AreaCHI - Douglas
- Zip Code60616
- FoundationBlock,Concrete Perimeter,Stone
- Listing OfficeRichland Global Inc
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Gold Coast Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
Listing information last updated on October 27th, 2020 at 7:15am CDT.