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    822-828 S Wabash Ave Chicago, IL 60605

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    For Lease
    $30 SF/Yr

    Two-story office and retail property in Chicago's South Loop.

    Property size:
    17,179 SF
    Lot size:
    0.61 Acres

    Property Features for 822-828 S Wabash Ave

    General Information

    Size
    17,179 SF
    Lot size
    0.61 Acres

    Source: Willard Jones Real Estate Agent Jonathan Zimmerman

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

    Overview

    South Loop Office Redevelopment Opportunity

    Located in Chicago’s vibrant South Loop, 828 South Wabash is a two-story office and retail property. The second floor offers a distinctive redevelopment opportunity for a full floor tenant or multiple users, totaling 17,179 square feet. The open space features 16' ceilings and build-to-suit options, with a private entrance and elevator access. Exterior signage is available. The space is particularly well suited for medical and traditional office tenants and is part of the Burnham Park Plaza development.
    Location Intelligence

    Current Use by Public Records

    Office space

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6254101
    Latitude
    41.8712729

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    FAQs

    What type of property is this?
    Office space - Two-story office and retail property in Chicago's South Loop.
    Where is this office space located?
    The property is located at 822-828 S Wabash Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Build-to-suit opportunity allows customization for tenant needs.; - Prime South Loop location within the Burnham Park Plaza development.; - Large, open 17,179 SF second-floor space suitable for full or multiple tenants.
    (312) 263-8787
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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
    822-828 S Wabash Ave Chicago, IL 60605
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