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    33 S Wabash Ave Chicago, IL 60602

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    For Lease
    Contact for pricing

    Restaurant space with existing infrastructure and high visibility.

    Property size:
    3,316 SF
    Lot size:
    0.67 Acres

    Property Features for 33 S Wabash Ave

    General Information

    Size
    3,316 SF
    Lot size
    0.67 Acres

    Source: Newmark | Chicago Agent Holly Estler

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Space in High-Rise Building

    This 3,316-square-foot space features existing restaurant infrastructure, including a scrubber system. It is located at the base of a 360-unit, luxury, high-rise condominium building, and SAIC. The space offers 38 feet of frontage on Wabash Avenue and an 18-foot ceiling height. Outdoor seating is available. Surrounding retailers include Target, Macy’s, Shake Shack, Raising Cane’s, Goddess & Baker, Nando’s, Memento and Naf Naf.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Goddess and the Baker, 33 ... Cafe aFSCME LOCAL 2854 Association / Organization Keycafe Kiosk

    Suggested Use

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

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

    Similar Places Nearby

    A Tale of Two Chefs, Alonti Catering Kitchen, LM Catering & Events, Melissa's Pal Crepes, Chartwells

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.625722
    Latitude
    41.8829548

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space with existing infrastructure and high visibility.
    Where is this restaurant located?
    The property is located at 33 S Wabash Ave Chicago, IL.
    What are key features of this property?
    This property features: - Located at the base of a 360-unit, luxury, high-rise condominium building; - Existing restaurant infrastructure, including scrubber system; - **38 feet of frontage on Wabash**
    (312) 698-6700
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    33 S Wabash Ave Chicago, IL 60602
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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
    33 S Wabash Ave Chicago, IL 60602
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