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2010 S Wabash Ave Chicago, IL 60616
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2010 S Wabash Ave Chicago, IL 60616


  • Retail residential properties
  • 14,523 SF
  • 0.20 lot acres
2010 S Wabash Avenue, Chicago, IL 60616 For Sale
$3,200,000

2010 S Wabash Avenue, Chicago, IL 60616

Fully-leased mixed-use property in Chicago's South Loop.

2010 S Wabash Ave, Chicago, IL 60616
View Listing
Property ID
US28-1558136
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.

Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Extensions By Armani / Cosmetic Store
  • Dollz Beauty Bar / Hair Salon
  • LuxSharee Styles / Hair Salon
  • Pretty Hair Weave / Hair Salon
  • Briana Nichole LLC / Hair Salon

Property Details for 2010 S Wabash Ave

Year built
1888
Lot size
0.20 lot acres
Property size
14,523 SF
Property type
Retail residential properties
APN
17-22-311-018
APU
1722311018

Description

This exceptional creative office space, located at 2010 S Wabash Ave in Chicago's vibrant South Loop, offers 5,245 square feet within a meticulously renovated historic building. Built in 1888 and extensively updated in 2018, this Class C property boasts a prime location in Cook County's Motor Row submarket. The building itself comprises 28,674 square feet across four stories, divided into six suites, providing a unique blend of old-world charm and contemporary functionality. The 0.19-acre site is conveniently situated near the Cermak-McCormick Place and Cermak-Chinatown 'L' stations, offering easy access to public transportation. The South Loop's ongoing revitalization promises significant future growth, making this an attractive investment opportunity. The property's proximity to numerous dining establishments and hotels further enhances its appeal. This single-building property presents a rare chance to secure a substantial creative office space in a rapidly developing area of Chicago, with the added benefit of convenient access to public transit and a wealth of amenities. The available space is part of a multi-tenant building, offering a dynamic and collaborative work environment. The address is 2010 S Wabash Ave, Chicago, IL 60616, with the cross street being Wabash Avenue. The APN is 17-22-311-018-0000.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $4,085,000
    6.5%
    $3,770,000
    7%
    $3,500,000

Get a detailed, property-specific estimation — fast and free


Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.626
Latitude
41.855
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
$48,357
$63,750
$170,623
$234,373
-
$637,500
$1,706,230
$2,343,730
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More about this property
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