2010 South Wabash Avenue Chicago, IL 60616
- 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
Listing agent Craig License #475163046 (847) 989-9653
Listing office Strauss Realty Ltd (847) 989-9653
Listing date Jul 18, 2025
Source Compass
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
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6260476
- Latitude
- 41.8550434
Nearby Similar for Sale
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.
