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2010 South Wabash Avenue Chicago, IL 60616

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For Sale
$3,200,000

Fully-leased mixed-use property in Chicago's South Loop.

Property size:
4,250 SF
Added:
Jul 18, 2025
Days on Market:
273
Last Refresh:
Mar 13 at 3:09 pm

Property Features for 2010 South Wabash Avenue

General Information

Standard status
Active
Size
4,250 SF

Building Details

Year Built
2002

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Listing Contact
Craig

Listing agent Craig License #475163046

Listing office Strauss Realty Ltd

Listing date Jul 18, 2025

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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


Overview

South Loop Mixed-Use Investment

Located in the heart of Chicago's dynamic South Loop, 2010-2012 S. Wabash Avenue is a 20,438 SF mixed-use property. The fully-occupied asset includes 6 residential apartments, along with two retail spaces totaling 9,581 RSF (featuring a 4,335 SF street-level storefront and an additional 5,246 SF of usable basement retail). An 8-car garage provides added convenience and tenant appeal. The renovated residential units include granite countertops, stainless steel appliances, and in-unit laundry. Units 2F, 3F, and 4F were updated in 2023 and the remaining units were renovated in 2017. Located near Wintrust Arena, McCormick Place, Essex on the Park, and the Museum Campus, the property benefits from exceptional visibility and accessibility. Within a one-mile radius of five CTA train lines and major bus routes - and under 10 miles to both O'Hare and Midway - this South Loop location continues to see strong development and demand. The property offers investors a rare opportunity to acquire a fully-leased, income-producing asset in a premier urban corridor with long-term growth potential.
Location Intelligence

Current Use by Public Records

Extensions By Armani Cosmetic Store Dollz Beauty Bar Hair Salon LuxSharee Styles Hair Salon Pretty Hair Weave Hair Salon Briana Nichole LLC Hair Salon

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6260476
Latitude
41.8550434

FAQs

What type of property is this?
Mixed-use property - Fully-leased mixed-use property in Chicago's South Loop.
Where is this mixed-use property located?
The property is located at 2010 South Wabash Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Fully leased, income‑producing property boasting a 6.64% cap rate and $212,589 NOI.; Prime South Loop location offering exceptional visibility and accessibility.; Mixed‑use property featuring 6 renovated residential apartments and two retail spaces totaling 9,581 RSF.
More about this property
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