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    17-23 N Wabash Ave Chicago, IL 60602

    For Lease
    $23 SF/Yr ($1,341 /Mo)

    Boutique office space in Chicago's East Loop.

    Property size:
    700 SF
    Lot size:
    0.27 Acres

    Property Features for 17-23 N Wabash Ave

    General Information

    Size
    700 SF
    Lot size
    0.27 Acres

    Source: Willard Jones Real Estate Agent Jonathan Zimmerman

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

    Overview

    East Loop Boutique Office Space

    The Shops Building at 17 North Wabash is a boutique office and retail structure located in Chicago's East Loop. This architectural gem offers 700 square feet of office space, featuring 3 offices and a sink. The building provides manned lobby security and on-site property management. Exterior balconies and on-site dining are available. The East Loop location provides proximate access to Grant and Millennium Parks, with short commutes to the heavy foot traffic of Michigan Avenue, and adjacency to multiple modes of transportation, including the Pedway, CTA buses and trains, the Metra, and public parking garages. The East Loop is within walking distance to the Thompson Center, Daley Center, City Hall, Prudential Plaza, and federal and county courts.
    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
    -87.6257142
    Latitude
    41.8826918

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    FAQs

    What type of property is this?
    Office space - Boutique office space in Chicago's East Loop.
    Where is this office space located?
    The property is located at 17-23 N Wabash Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: - Prime East Loop location, close to Grant and Millennium Parks, Michigan Avenue, and government/legal centers; - Excellent transportation access including Pedway, CTA, Metra, and parking garages; - On-site amenities feature manned lobby security, property management, and dining
    (312) 263-8787
    Request Owner's contact information
    17-23 N 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
    17-23 N Wabash Ave Chicago, IL 60602
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