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Property profile & analytics
FOR SALE
Retail residential properties

2010 S Wabash Ave Chicago, IL 60616

14,523 SF 0.2 ac lot Built 1888
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US28-1558136
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1888
Total area 14,523 SF
Lot 0.2 ac (8,500 SF)
APN 17-22-311-018
UPID US28-1558136
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
  • Extensions By Armani Cosmetic Store
  • Dollz Beauty Bar Hair Salon
  • LuxSharee Styles Hair Salon
  • Pretty Hair Weave Hair Salon
  • Briana Nichole LLC Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.77M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.29M
Owner & transaction history
Illinois Apartments LLC · 10 yrs held
Illinois Apartments LLC
since 2016
7 recorded transactions
2025
Price N/A
2019
Price N/A
2016
$1.7M
2004
Price N/A
1999
$250,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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