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    144 S Wabash Ave Chicago, IL 60601

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    For Lease
    Contact for pricing

    Built-out restaurant space near CTA and Michigan Avenue.

    Property size:
    1,300 SF
    Lot size:
    0.31 Acres

    Property Features for 144 S Wabash Ave

    General Information

    Size
    1,300 SF
    Lot size
    0.31 Acres

    Source: Mid-America Real Estate Group | Chicago Agent Paul Bryant

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

    Overview

    Former McDonald's Restaurant Space

    This is a built-out former McDonald’s restaurant space available for lease. The property is located directly outside of the Adams/Wabash CTA Station, which sees 2.087 million riders annually. It is situated one block west of Michigan Avenue and within a quarter mile of Grant and Millennium Parks, which attract approximately 25 million visitors annually. The property is also located amidst Chicago’s urban collegiate campuses, including DePaul University, Roosevelt University, the School of the Art Institute of Chicago, and The John Marshall Law School. The property size is 1300 square feet.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    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
    -87.626329
    Latitude
    41.884907

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    FAQs

    What type of property is this?
    Drive through restaurant - Built-out restaurant space near CTA and Michigan Avenue.
    Where is this drive through restaurant located?
    The property is located at 144 S Wabash Ave Chicago, IL.
    What are key features of this property?
    This property features: - High foot traffic location directly outside the Adams/Wabash CTA Station (2.087M riders annually).; - Former McDonald’s built-out restaurant space available for lease.; - Proximity to Grant and Millennium Parks (±25M visitors annually).
    (630) 954-7327
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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
    144 S Wabash Ave Chicago, IL 60601
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