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Property profile & analytics

1935 Wabash Ave Chicago, IL 60616-2051

  • Commercial real estate
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-3091853
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

  • Clark Street Community Fitness / Gym & Fitness Center
  • Arrive South Loop / Real Estate Agency
  • Caroline N Robinson, MD / Physician / Medical Clinic
  • Tone Dermatology - Dr. Caroline Robinson, MD, FAAD / Physician / Medical Clinic
  • Fireman 24-7 / Production Facility / Building Supply

Property Details for 1935 Wabash Ave

Property type
Commercial real estate
APN
17-22-306-052
APU
1722306052

Description

This exceptional 1,308-square-foot retail or office space is ideally situated in Chicago's vibrant South Loop, at 1935 S Wabash Ave, zip code 60616. Located on the ground floor of a luxury 180-unit residential building, this fully built-out space boasts private offices, a conference room, kitchenette, reception area, and open workspace, ready for immediate occupancy. Enjoy excellent street exposure and frontage on Wabash Avenue, benefiting from high visibility and foot traffic. The property is part of a dynamic area near McCormick Place, the Wintrust Arena, and a new Marriott Marquis hotel, offering unparalleled access to major attractions, restaurants, and thousands of residents. Conveniently located just three blocks from the Cermak Green Line CTA station, this space provides easy access to public transportation. One to two off-street parking spaces are available. The building itself is an 11-story, single-building structure (297,737 total square feet) constructed in 2006, zoned PD in Cook County, Illinois. This space is perfect for a variety of uses, including retail, restaurants, medical offices, fitness centers, or salons. The South Loop's rapid growth and proximity to cultural landmarks, including Soldier Field, Grant Park, and the Art Institute of Chicago, make this an exceptional investment opportunity with an affordable lease rate.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6251
Latitude
41.8562
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
$26,217
$10,975
$116,091
$127,066
-
$43,900
$464,364
$508,264
More about this property
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