Property profile & analytics
17 Wabash Ave Chicago, IL 60602-4704
- Office buildings
- 66,600 SF
- 0.27 lot acres
OFF-MARKET
Value Estimations
$10,685,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-2731398
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Acupuncture Center Chicago - Loop / Medical Clinic / Alternative Medicine Practice
- Moto Massage (Beth Wade, LMT) / Alternative Medicine Practice / Spa & Massage Center
- Naprapathy, Intergrative Health & Wellness / Gym & Fitness Center / Alternative Medicine Practice
- Warmouth Law, P.C. / Law Firm
- Law Office of Frank P. Kostouros / Law Firm
Property Details for 17 Wabash Ave
- Year built
- 1888
- Lot size
- 0.27 lot acres
- Property size
- 66,600 SF
- Property type
- Office buildings
- APN
- 17-10-312-002
- APU
- 1710312002
Description
This stunning six-story, 66,600 square foot Class B office building at 17 N Wabash Ave, located in Chicago's vibrant East Loop, offers a unique blend of executive and creative office spaces. Built in 1900, the building boasts a rich architectural history and modern amenities. Three spaces are currently available, ranging from 325 to 5,000 square feet, with a minimum divisible space of 610 square feet and a maximum contiguous space of 3,300 square feet. The building features a manned lobby security system for enhanced safety and peace of mind, along with convenient on-site property management and inviting exterior balconies. Enjoy the added convenience of on-site dining options. The building's prime location provides unparalleled access to Chicago's cultural heart, with proximity to Grant and Millennium Parks, Michigan Avenue's bustling retail scene, and a variety of public transportation options. These include the Pedway, CTA buses and trains, Metra service, and numerous public parking garages. Furthermore, the building is within easy walking distance of the Thompson Center, Daley Center, City Hall, Prudential Plaza, and both federal and county courts. This exceptional property offers a rare opportunity to establish a presence in one of Chicago's most desirable and convenient locations. The building is multi-tenant and features elevators. The cross street is Wabash Avenue, and the property is located in Cook County.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $8,970,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $15,925,000 Change: +78% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $11,455,000 Change: +28% Conversion: Easy
- RETAIL STORES
- $9,695,000 Change: +8% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $7,980,000 Change: -11% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6257
- Latitude
- 41.8827
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$401,277
$1,243,868
$707,086
$1,950,954
-
$4,975,472
$2,828,344
$7,803,816
