2010 S Wabash Ave Chicago, IL 60616
- Retail residential properties
- 14,523 SF
- 0.20 lot acres
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
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,085,000
- 6.5%
- $3,770,000
- 7%
- $3,500,000
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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