850 Wabash Ave Chicago, IL 60605

Property Details for 850 Wabash Ave

Year built

1986

Lot size

0.96 lot acres

Property size

43,099 SF

Property type

Retail properties

Property subtype

Office Properties & Spaces

Description

This exceptional four-story, 43,099 square foot office building, located in Chicago's desirable South Loop submarket, presents a unique investment opportunity. Built in 1986 and extensively renovated in 2006, the property boasts a striking renovated lobby and common areas, updated elevators, and modern mechanical systems. The building features impressive 11-foot ceiling heights, creating a spacious and inviting atmosphere. Currently configured for multiple tenants, there are two available spaces ranging from 2,771 to 14,300 square feet, offering flexibility for various business needs. The property sits on a 0.96-acre lot and is zoned DX-12-Downtown Mixed-Use, allowing for diverse potential uses. Its prime location in the South Loop offers unparalleled convenience, steps from Grant Park, numerous residential high-rises, educational institutions, and student housing. Easy access to Lake Shore Drive and the Red, Orange, and Green Line trains at Roosevelt station ensures excellent transportation links. This Class C building represents a compelling investment opportunity in a thriving and dynamic urban setting. The Cook County property (APN: 17-15-304-042-0000) offers a blend of historical charm and modern functionality, making it an ideal choice for discerning investors seeking a well-maintained and strategically located asset.

Location Insight

City

Chicago

County

Cook

State

Illinois

Longitude

-87.6262

Latitude

41.8708