Fully Occupied Mixed-Use
For Sale
Contact for pricing
Pending
2010-2012 S Wabash Ave, Chicago, IL 60616
Retail space and six apartments combine with recent residential updates.
Property Size20,438 SF
Days on Market142
Property Features for 2010-2012 S Wabash Ave
General Information
Standard status
Pending
Size
20,438 SF
Total Parking Spaces
8
Property subtype
Retail, Mixed Use
Occupancy
100%
Net Operating Income
$212,589
Additional Details
Cap Rate
6.64%
Public Transit
Yes
Multifamily Units
6
Amenities
granite countertops
stainless steel appliances
in-unit washer/dryer
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Strauss Realty
(773) 736-3600
Listed By:
Craig Wolf · License #IL
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 31 at 4:31AM
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
Investment Insights
Based on property information with market context.
This fully occupied mixed-use property combines two retail units with six renovated apartments. The commercial component totals 9,581 rentable square feet, including a 4,335 SF street-level storefront and 5,246 SF of basement retail. The building contains 20,438 square feet overall and includes an 8-car garage. Residential interiors feature granite countertops, stainless steel appliances, and in-unit washer/dryers. Units 2F, 3F, and 4F were renovated in 2023, while the other apartments were updated in 2017.
The property is located in Chicago’s South Loop near Wintrust Arena, McCormick Place, Essex on the Park, and Museum Campus. Five CTA train lines and several major bus routes are within a mile, while O’Hare and Midway Airports are each less than 10 miles away. The offering reflects a 6.64% capitalization rate based on in-place operations.
The property is located in Chicago’s South Loop near Wintrust Arena, McCormick Place, Essex on the Park, and Museum Campus. Five CTA train lines and several major bus routes are within a mile, while O’Hare and Midway Airports are each less than 10 miles away. The offering reflects a 6.64% capitalization rate based on in-place operations.
Key Highlights
- 20,438 SF mixed‑use property with 9,581 rentable SF of retail and six apartments
- Two retail units include a 4,335 SF street‑level storefront and 5,246 SF of basement retail
- Fully occupied with a 6.64% capitalization rate based on in‑place operations
Property Analytics
Current Use
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
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
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail space and six apartments combine with recent residential updates.
Where is this mixed-use property located?
The property is located at 2010-2012 S Wabash Ave Chicago, IL.
What are key features of this property?
This property features: 20,438 SF mixed‑use property with 9,581 rentable SF of retail and six apartments; Two retail units include a 4,335 SF street‑level storefront and 5,246 SF of basement retail; Fully occupied with a 6.64% capitalization rate based on in‑place operations
