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    401 N Wabash Ave Chicago, IL 60611

    Picture of Commercial land at N Wabash Ave 401, Chicago, IL
    For Sale
    $50,000

    Land - Chicago, IL

    Days on Market:
    245
    Last Refresh:
    Dec 7 at 6:06 pm

    Property Features for 401 N Wabash Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    17101350381548
    Parking
    1

    Building Details

    Year built
    2009
    Architectural style
    Other

    Kale Realty (312) 939-5253 [email protected]

    Listing agent James Qiu (312) 939-5253 License #475199248

    Listing date Apr 7, 2025

    MLS# 12327227 Listing URL

    Copyright © 2025 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.

    Overview

    Chicago Land Priced to Sell

    This commercial land is located in Chicago, Illinois, within Cook County. The property is priced to sell.
    Property Profile Location Intelligence

    Current Use by Public Records

    401 S Wabash Parking Garage PRISMA SOLUTIONS Remodeler Anthony Cristiano | Celebrity ... Hair Salon LAZ Parking Parking Garage Rorabel & Company AG ... Legal Services

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Food Market Clothing Store Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6269019
    Latitude
    41.8890197

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    FAQs

    What type of property is this?
    Commercial land - Commercial land available in Chicago, priced to sell quickly.
    Where is this commercial land located?
    The property is located at 401 N Wabash Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: - Priced to sell; - Year Built: 2009
    (312) 939-5253
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    401 N Wabash Ave Chicago, IL 60611
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    401 N Wabash Ave Chicago, IL 60611
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