2241 S Wabash Avenue
Chicago, IL, 60616
$4,250,000
Beds
0 Baths
39,900 SqFt
0 Acres
Add
Add
$4,250,000
2241 S Wabash Avenue
Chicago, IL, 60616
 img 0 img 1 img 2 img 3 img 4 img 5 img 6 img 7 img 8 img 9 img 10 img 11 img 12 img 13 img 14 img 15 img 16 img 17 img 18 img 19 img 20 img 21 img 22 img 23 img 24 img 25 img 26 img 27 img 28 img 29 img 30 img 31 img 32 img 33 img 34 img 35 img 36 img 37 img 38 img 39 img 40 img 41 img 42 img 43 img 44 img 45 img 46 img 47 img 48 img 49 img 50 img 51 img 52 img 53 img 54 img 55 img 56 img 57 img 58 img 59 img 60 img 61 img 62 img 63 img 64 img 65 img 66 img 67 img 68 img 69 img 70 img 71 img 72 img 73 img 74 img 75 img 76 img 77 img 78 img 79 img 80 img 81 img 82 img 83 img 84 img 85 img 86 img 87 img 88 img 89 img 90
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 standout 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’ll 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.

Property Details

Price:
$4,250,000
MLS #:
MRD11919778
Status:
Active
Beds:
0
Baths:
0
Address:
2241 S Wabash Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Oct 30, 2023
State:
IL
Finished Sq Ft:
39,900
ZIP:
60616
Year Built:
1915

Schools

Interior

Cooling
Central Air
Flooring
Carpet, Concrete, Wood

Exterior

Construction Materials
Brick
Roof
Rubber

Financial

Buyer Agent Compensation
AS A PERCENTAGE OF THE NET SALE PRICE. THE NET SALE PRICE IS THE GROSS SALE PRICE MINUS AMOUNTS TO BE CREDITED OR PAID TO THE BUYER, AS REFLECTED IN THE INITIAL SALES CONTRACT. FOR COMMERCIAL LEASE PROPERTIES, NET COMPENSATION MAY BE PAID ON NEGOTIATED VARIABLES AS INDICATED IN THE COMPENSATION/COMMISSION AGREEMENT.Net Sale Price
Tax Year
2021
Taxes
$236,726
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Similar Listings Nearby

2241 S Wabash Avenue
Chicago, IL