South Loop Retail/Office
For Lease
$32 SF/Yr
1935 S Wabash, Chicago, IL 60616
Dynamic space near McCormick Place and Wintrust Arena.
Space Size1,308 SF
Property Size297,737 SF
Days on Market168
Property Features for 1935 S Wabash
General Information
Standard status
Active
Size
1,308 SF
Property subtype
Retail
Lease Term
Gross
Building Details
Building Size
297,737 SF
Spaces For Lease
at 1935 S Wabash Contact us- Size
- 1,308 SF
- Type
- Retail/Office/Medical
- Term
- Negotiable
Space 4 $32/SF/Yr
Listing Agency:
SPERRY VAN NESS
(312) 529-5791
Listed By:
Wayne Caplan · License #475132248
Source:
Svnchicago
Added: Mar 6
Changed: Aug 8
Last Checked: Aug 20 at 5:20AM
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 SPERRY VAN NESS
Investment Insights
Based on property information with market context.
Located in Chicago's South Loop, dynamic retail and office spaces are available at Arrive Chicago, near McCormick Place and the DePaul/Wintrust Arena and Event Center. One available space, suitable for retail or office use, is situated on the ground floor of a 180-unit luxury residential development. The 1,308 square foot office space is fully built out with private offices, a conference room, a kitchenette, a reception area, and open workspace areas. It offers frontage and street exposure on Wabash Avenue. The property is located adjacent to McCormick Place, the DePaul Arena, a new 1,200-room Marriott Marquis, a new 600-room multi-flag hotel, restaurants, museums, and the Motor Row entertainment district. Off-street parking is available for tenants, with 1-2 parking spaces available for each retail unit. The property is also located three blocks from the Cermak Green Line CTA station. It is suitable for retail, restaurant, medical office, fitness, or salon use. Current co-tenants include Tone Dermatology, Clark St. Community Fitness and Women's Progressive Health. The South Loop is experiencing significant development and offers access to CTA Blue, Red, Green, and Orange Lines, bus routes, the Dan Ryan (I-90/94), Stevenson Expressway (I-55) and Lake Shore Drive (Route 41). The location has high amenity scores, including a Walk Score of 94, a Transit Score of 84, and a Bike Score of 90. The space is available immediately.
Key Highlights
- Prime South Loop location near McCormick Place, Wintrust Arena, hotels, and other attractions.
- Move‑in ready 1,308 SF fully built‑out office space with private offices, conference room, kitchenette, reception, and open workspace.
- Affordable lease rate at $32/SF Gross with no tax increases.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,730
Businesses Nearby
Explore this area
Business Placement
Demographics for 60616, IL
54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$25.9 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,190 SF
Avg Space Size
This space is priced 24% above the average of $25.9 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Dynamic space near McCormick Place and Wintrust Arena.
Where is this retail space located?
The property is located at 1935 S Wabash Chicago, IL.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: Prime South Loop location near McCormick Place, Wintrust Arena, hotels, and other attractions.; Move‑in ready **1,308 SF fully built‑out office space** with private offices, conference room, kitchenette, reception, and open workspace.; Affordable lease rate at $32/SF Gross with no tax increases.
