Property summary
This 250-square-foot Class B commercial kitchen, located at 2537 S Wabash Ave in Chicago, IL (zip code 60616, Cook County), is perfect for a single-tenant operation. Ideal for various food businesses, including startups, personal chefs, caterers, food trucks, single-location restaurants, or expanding national chains. The property is a turnkey solution, designed for efficient and affordable operation, minimizing overhead costs and maximizing profitability. This retail/restaurant space offers a prime location within a high-demand delivery area, providing immediate access to a large customer base. The kitchen is designed to streamline operations, allowing for efficient food preparation and service. This is a fantastic opportunity to establish or expand a food-related business in a thriving Chicago neighborhood. The property is a single-tenant space, providing exclusive use of the kitchen facilities. This location offers significant potential for growth and success in the competitive food industry. The address is easily accessible for both customers and delivery services. This is a rare opportunity to secure a well-located, efficient, and affordable commercial kitchen space in a bustling Chicago market.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Restaurant
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Take-out & Catering
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Bakery Take-out & Catering
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Bakery Specialty Food Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning