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Streetfront Office Unit
For Lease
$25 SF/Yr

2008 S Wabash Avenue, Chicago, IL 60616

Visible storefront space with interior parking suits accounting, legal, insurance, financial, and other service-oriented office users.

Space Size1,350 SF
Days on Market18

Property Features for 2008 S Wabash Avenue

General Information

Standard status Active
Size 1,350 SF
Net Rentable 1,350 SF
Total Parking Spaces 1
Property subtype Commercial

Space & Availability

Available Space 1,350 SF
Contiguous Space 1,350 SF
Space Use Office

Additional Details

Public Transit Yes

Amenities

Central air
Central Air Cooling

Building Details

Year Built 2000
Listing Agency: STRAUSS REALTY LTD
Listed By: MOSHE WEINBERGER · License #475183341
Source: Corcoran
Added: Sep 15 Changed: Oct 1 Last Checked: Oct 1 at 11:00AM

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 office unit provides 1,350 SF of storefront workspace at 2008 S Wabash Avenue. Built in 2000, the property includes 1 interior parking space and offers a street-facing presence for professional and service-oriented businesses, including accounting, legal, insurance, and financial services.

The location is within a short walk of the post office, pickleball club, White Castle, Cafe Bionda, and Reggies Chicago. The Cermak-McCormick Green Line station is also nearby, with access to Chinatown, McCormick Place, Soldier Field, and surrounding neighborhoods.

Key Highlights

  • 1,350 SF office storefront
  • 1 interior parking space available
  • Built in 2000

Property Analytics

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Open Analytics

Current Use

Barbara G. Pace, ... Foster Care Service Grant's Financial Services- ... Accounting Firm The Novel Agency Marketing & Advertising

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service Grocery & Convenience Store Nursing Home

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

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,730
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$29.27 /SF/Yr
Avg Asking Price
$4.8–$133 /SF/Yr
Price Range
16,313 SF
Avg Space Size

This space is priced 15% below the average of $29.27 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Visible storefront space with interior parking suits accounting, legal, insurance, financial, and other service-oriented office users.
Where is this office units located?
The property is located at 2008 S Wabash Avenue Chicago, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 1,350 SF office storefront; 1 interior parking space available; Built in 2000
More about this property
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