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    2635 Wabash Ave Chicago, IL 60616

    For Lease
    Contact for pricing

    Chicago flex warehouse, 24,000 SF available.

    Lot size:
    96,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 96,000-square-foot industrial property, located at 2635 S Wabash Ave in Chicago, IL, offers a prime opportunity for businesses seeking flexible warehouse or flex space. Currently, 24,000 square feet of ground floor space is immediately available for lease, with a maximum lease term of 12 months. The space is divisible down to 5,000 square feet, providing adaptability for various business needs. The building features a single story with 10'8" ceilings, enhancing storage and operational efficiency. Access is facilitated by four drive-in doors and one dock-high door, ensuring seamless loading and unloading. Ample parking is provided with 40 spaces on-site. The property boasts three-phase power with amperage ranging from 1,200 to 2,500 and voltage from 240 to 480 volts, catering to diverse power requirements. Convenient on-site amenities include private restrooms. This Cook County location, with its zip code 60616, offers excellent access to major transportation routes and the vibrant Chicago market. Rent is negotiable, making this an attractive option for short-term occupancy. This is a single-suite building.

    Property Features for 2635 Wabash Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    96,000 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    24,000 SF

    HighLights

    • 96,000 SF industrial property at 2635 S Wabash Ave, Chicago, IL (60616).
    • 24,000 SF of ground floor space immediately available, divisible to 5,000 SF, with a maximum 12‑month lease term.
    • 10'8" clear height ceilings.
    • Four drive‑in doors and one dock‑high door with one leveler.
    • Three‑phase power (1200‑2500 amps, 240‑480 volts).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Canalport Vending Co Vending Machine Supplier Professional Elevator Services Elevator Service Team Fumaca Academy Martial Arts School Kray Distributors Warehouse The Art of Wrap Vehicle Wrapping Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6248974
    Latitude
    41.8445308

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    FAQs

    What type of property is this?
    Distribution property - Chicago flex warehouse, 24,000 SF available.
    Where is this distribution property located?
    The property is located at 2635 Wabash Ave Chicago, IL.
    What are key features of this property?
    This property features: 96,000 SF industrial property at 2635 S Wabash Ave, Chicago, IL (60616).; 24,000 SF of ground floor space immediately available, divisible to 5,000 SF, with a maximum 12-month lease term.; 10'8" clear height ceilings.
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    2635 Wabash Ave Chicago, IL 60616
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    Chicago, IL 60616
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2635 Wabash Ave Chicago, IL 60616
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