2241 Wabash Ave Chicago, IL 60616

This exceptional three-story, 39,900-square-foot mixed-use building in Chicago's Motor Row neighborhood presents a unique investment opportunity. Located in a Tax Increment Financing (TIF) district and Opportunity Zone, this property offers significant tax incentives and long-term growth potential. Built in 1915, the building boasts striking exterior design and timeless architecture. The spacious layout features soaring timber ceilings (16' on the 2nd and 3rd floors, 17' in the garage), exposed brick, and a full basement. The building includes 19 parking spaces, a freight elevator, and 400-amp electrical service per floor. The main level offers front retail/office space, a rear garage with a drive-in door, warehouse area, and a full locker room. The second floor features enclosed glass offices, conference rooms, private offices, an open floorplan, reception area, IT room, storage, and two restrooms. The third floor provides versatile workspace with an office, skylight conference room, kitchenette, and two restrooms. The property is conveniently located near McCormick Place, with easy access to major transportation routes including the Green Line, bus routes, and Interstates 55, 90, and Route 41. The surrounding area offers a variety of dining, retail, and entertainment options. The property's zoning is DS-3 Commercial, with a lot size of 11,520 square feet and an APN of 17271010210000. The asking price is $3,900,000, with a price per square foot of $106.52. This property is currently vacant and offers a substantial opportunity for redevelopment and repositioning.