828 Wabash Ave, Chicago, IL 60605
This exceptional 17,179 square foot office space, located at 828 South Wabash Avenue in Chicago's vibrant South Loop, presents a unique redevelopment opportunity. Situated within the Burnham Park Plaza development, this second-floor space in a two-story building offers flexibility for either a single large tenant or multiple smaller users. The property, built in 1893 and renovated the same year, boasts a total building size of 40,000 square feet and is ideally suited for medical or traditional office tenants. Build-to-suit options are available, along with the possibility of prominent exterior building signage. The South Loop location offers unparalleled convenience, with easy access to the Loop, abundant residential and retail options, and excellent public transportation via the Red, Orange, and Green Line trains, numerous bus routes, and proximity to Lake Shore Drive. This Cook County property (zip code 60605) provides a blend of historical charm and modern accessibility, making it an attractive option for businesses seeking a prestigious and well-connected address. The property is classified as an Executive Office and Retail space with multiple tenancies.
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Elevation Academy Training Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.