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    OFF-MARKET
    Retail properties & Spaces

    828 Wabash Ave, Chicago, IL 60605

    40,000 SF Built 1893
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1893
    Total area 40,000 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
    • Abigail M Morrow Physician
    • Efmark Deployment 1, Inc. Atm
    • Burnham Liquors (Bike/Boat/Book/etc) Store Wine and Liquor Store
    • RockItCoin Bitcoin ATM Atm
    • Elevation Academy Training Center
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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