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Two-Story Flex and Manufacturing Building
For Sale
$2,250,000

4130 Wabash Avenue, Chicago, IL 60653

Two-story timber and concrete loft building with modern heavy power, new sprinkler, and newly updated interior systems.

Property Size54,124 SF
Price / SF$41.57
Days on Market514

Property Features for 4130 Wabash Avenue

General Information

Standard status Active
Size 54,124 SF
Property subtype General Commercial

Site & Location

Highway Access Yes
Outdoor Storage Yes

Warehouse & Industrial

Heavy Power Yes
Sprinkler System Yes

Taxes and HOA fees

Annual Taxes $999

Amenities

new modern offices
kitchenette
outdoor patio
Central Air
3

Building Details

Year Built 1932
Stories 2
Construction timber and concrete loft
Listing Agency: Strauss Realty Ltd
Listed By: Craig Wolf · License #475163046
Source: Xome
Added: Apr 13, 2025 Changed: Sep 2 Last Checked: Sep 7 at 5:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Strauss Realty Ltd

Investment Insights

Based on property information with market context.

This two-story loft building is constructed of timber and concrete and totals approximately 54,000 square feet, designed for creative spaces or light manufacturing. It includes new state-of-the-art heavy power, new bathrooms, a new alarm system for 24/7 entry, a new sprinkler system, and new heating throughout. The building also offers modern offices, a kitchenette, and an outdoor patio.

A 16,000 square foot vacant lot on State Street is included for parking or outdoor storage, supporting additional site flexibility for tenant operations.

For buyers seeking a property suited to a mix of uses, the building is positioned within a TIF Zone, with proximity to Sox Stadium and IIT, and access highlighted via I-94 and Lake Shore Drive. Public transit access is described with nearby State Street buses, Red and Green Line “EL” trains, and Metra service.

Key Highlights

  • 54,000 SF two‑story loft building made of timber and concrete (year built: 1932)
  • New heavy power plus newly updated interior systems including new heating throughout the space
  • Recent upgrades: new sprinkler system, new bathrooms, and new alarm system for 24/7 entry

Property Analytics

Current Use

Euphoria Nail Bar Nail Salon

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Auto Parts Store Pharmacy Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Heavy power
Yes
Sprinkler system
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

885
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60653, IL

33,146
Population
18,279
Households
1.8
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
2.4 sq mi
ZIP Area
13,811
Density / Sq Mi
$39,565
Median Household Income
$49,335
Median Earnings
$856
Median Rent
$347,800
Median Home Value

Market

Vacancy Rate% for Industrial in Chicago, IL

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Romes Joy Catering 4455 S Martin Luther King Dr, Chicago, IL 60615
  • TES KITCHEN L.L.C. 4250 S Princeton Ave, Chicago, IL 60609
  • Ain't She Sweet Cafe 526 E 43rd St, Chicago, IL 60653

Frequently Asked Questions

What type of property is this?
Flex space - Two-story timber and concrete loft building with modern heavy power, new sprinkler, and newly updated interior systems.
Where is this flex space located?
The property is located at 4130 Wabash Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 54,000 SF two‑story loft building made of timber and concrete (year built: 1932); New heavy power plus newly updated interior systems including new heating throughout the space; Recent upgrades: new sprinkler system, new bathrooms, and new alarm system for 24/7 entry
More about this property
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