7 Open Houses in 1 Weekend
The Good, Bad & Ugly
MLS® ID: 10343502

2635 South Wabash Avenue

CHICAGO, Illinois, 60616

$5,100,000 Active
  • - SQFT
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.
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Listing courtesy of Richland Global Inc

Amenities

  • Zip
    60616
  • Office name
    Richland Global Inc
  • Property type
    Industrial
  • Zoning type
    COMMR
  • Year built
    1910
  • Heating
    Central Heat/Indiv Controls,Forced Air,Gas
  • Tax year
    2017
  • Agent name
    Tat Kong
  • Tax amount
    $ 72254.4
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Year Built Range
    1989 (and earlier)
  • Office ID
    85614
  • Agent ID
    188483

Location

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