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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

105 Wabash Ave Chicago, IL 60603

13,783 SF
Property ID
Property summary
AI-generated overview

This exceptional 13,783-square-foot retail space presents a unique investment opportunity in the heart of Chicago's vibrant Loop. Situated on the highly visible west corner of Monroe and Wabash Avenue, this single-tenant property offers unparalleled exposure and accessibility. The space occupies the ground floor of a prominent 49-story mixed-use building, boasting 1.3 million square feet of office space, 212 luxury residential units, and a convenient 400-car public parking garage. This ensures a constant flow of potential customers and high foot traffic. Its strategic location places it within easy walking distance of iconic Chicago landmarks, including Michigan Avenue, Millennium Park, the Art Institute of Chicago, and the Palmer House Hilton. Furthermore, its proximity to CTA/Metra stations provides excellent public transportation access. Street parking is also available for added convenience. The property is located in Cook County, Illinois, with a Chicago, IL 60603 zip code. The entire space is currently vacant, offering a blank canvas for a discerning tenant to create a flagship location. This is an unparalleled opportunity to establish a presence in one of Chicago's most desirable and high-traffic retail locations.

Property profile
Verified
Property type Retail properties & Spaces
Total area 13,783 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • CVS Photo (Bike/Boat/Book/etc) Store
  • higi Medical Clinic
  • Coinhub Bitcoin ATM Teller Atm
  • UPS Access Point location Courier Service Postal Service
  • MoneyGram Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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