Eco Friendly
Address
2635 S Wabash Avenue Chicago, IL
Price
$ 5,100,000
Property Attributes
  • MLS#10343502
  • TypeIndustrial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Douglas
  • NeighborhoodBronzeville
  • Zip60616
  • StyleCommercial,Industrial,Office and Research,Retail,S
  • Year Built1910
  • Taxes127409
  • Price$ 5,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage96000
  • Lot Size0.87 Acres
Listing Provided Courtesy Of:
Richland Global Inc
Property Description

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.

Price History
4/13/2019 Listed $5,800,000
6/18/2019 6% - $5,490,000
9/7/2019 8% - $5,100,000

General Features

Property Type Industrial
Property Type Commercial Sale
Standard Status Active
Zoning COMMR

Exterior Features

Building Area Total 96000
Exterior Brick
Lot Dimensions 200' X 190.5'

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60616

Price
AVG $1.7M
$5.1M
Taxes
AVG $127,409
$127,409
Visits
AVG 27
34
Year Built
AVG 1913
1910
Walkscore
AVG 81
75
Data Provided by Walkscore ® not using MLS data
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