2537 S Wabash Ave Chicago, IL 60616
Property profile & analytics
2537 S Wabash Ave Chicago, IL 60616
- Industrial properties
- 39,400 SF
- 0.49 lot acres
Property ID
US28-5688155
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.
Location Intelligence
Current Use by Public Records
- Morrison’s Soul Food / Restaurant
- Cafe Trinidad To Go / Restaurant
- South Loop Food Company Commercial Kitchens / Take-out & Catering
- Scooped Cookie Dough Bar Express / Bakery / Take-out & Catering
- Simply Sweet Bake LLC / Bakery / Specialty Food Shop
Property Details for 2537 S Wabash Ave
- Year built
- 1895
- Lot size
- 0.49 lot acres
- Property size
- 39,400 SF
- Property type
- Industrial properties
- APN
- 17-27-123-011
- APU
- 1727123011
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $3,035,000 Current use
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Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6249
- Latitude
- 41.8464
- 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
$92,188
$80,820
$365,990
$446,810
-
$323,280
$1,463,960
$1,787,240
