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Commercial Property in Chicago, IL
For Sale
$250,000

2421 S Wabash Avenue, Chicago, IL 60616

COMMERCIAL - Chicago, IL

Property SizeContact for details
Days on Market177

Property Features for 2421 S Wabash Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions South on Wabash to 2421 near 24th and Michigan South Loop
Subdivision CHI - Near South Side
Standard status Active
APN 17271160100000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 17237

Building Details

Floors in Building 1
Listing Agency: Infiniti Properties, Inc.
Listed By: Ned Malley · License #471007341
Added: Feb 13 Changed: Aug 4 Last Checked: Aug 9 at 1:06AM
MLS# 12568427

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located in Chicago, Illinois, this commercial property is available for sale. The property is zoned COMMR and is located at 2421 S Wabash Avenue, Chicago, IL 60616. The property is categorized as a specialty property and other specialty property.

Key Highlights

  • Established auto repair and body shop business.
  • High‑demand asset with multiple revenue streams (mechanical repair and collision).
  • Great location in Motor Row District with high exposure.

Property Analytics

Current Use

King Auto Auto Repair Shop

Suggested Use

Top Pick Building Supply Auto Parts Store Garden Center HVAC Service Carpet & Flooring Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,275
Businesses Nearby

Demographics for 60616, IL

54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Specialty property - Commercial property for sale in Chicago, Illinois.
Where is this specialty property located?
The property is located at 2421 S Wabash Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Established auto repair and body shop business.; High‑demand asset with multiple revenue streams (mechanical repair and collision).; Great location in Motor Row District with **high exposure**.
More about this property
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