Active
2241 S Wabash Avenue
Chicago IL, 60616
$3,900,000
$97.74 per sqft
Active
39,900 sqft
Other
Built in 1915
Courtesy of Century 21 S.G.R., Inc.
Just south of the South Loop of Chicago, this exceptional mixed-use commercial property in the Motor Row neighborhood of Chicago. This building's striking exterior design and its timeless architecture make it standout among other commercial properties in the area. The spacious three-level layout with soaring timber ceiling heights of 16' on the 2nd and 3rd floors with exposed brick, and 17' for the garage with a drive in door, complete with a full basement, totaling an impressive 39,900 square feet, with just about 10,000 SF per floor, 400 AMP electrical service per floor and a freight elevator. Situated in a TIF district and an opportunity zone, presents a unique chance for investors seeking tax incentives, capital improvements and long-term growth potential. The 3rd floor provides the perfect canvas for creating versatile and functional workspaces, complete with 1 office, a conference room with a skylight, a kitchenette and 2 dedicated restrooms. The 2nd floor has an impeccably designed interior that exudes professionalism and modernity with enclosed glass offices, 1-2 large conference rooms, 7-8 private offices, center open floorplan, reception area, media/conference room adjacent to the open office, IT room, storage room, 2 large dedicated restrooms, the kitchen is a dream. The main level consists of front retail/offices, garage in the rear of the building with 17-19 surface spaces, a drive in door, warehouse area, and a full locker room area, and the full basement offers full ceiling height space for storage, equipment, or expansion, allowing your business to grow and adapt as needed. This office building offers an incredible opportunity to be near McCormick Place, major transportation routes are easily accessible, ensuring effortless commuting for employees and clients via McCormick Place Green Line Station, bus routes, Interstates 55, 90, and Route 41-Lake Shore Drive. Surrounding this property, you'll find an array of amenities that cater to the needs of your business and employees. From a variety of dining options to retail shops and entertainment venues, the vibrant city of Chicago, offering a wealth of cultural experiences, world-class dining, and an energetic arts scene.
11919778
MLSⓇ ID
October 31, 2023
Listed
October 2, 2024
Updated
Map
2241 S Wabash Avenue
Chicago IL, 60616
Interior Features
Total Stories
3
Floor Description
Carpet, Concrete, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.26 Acres
Roof
Rubber
Other Property Details
Area Name
CHI - Near South Side
Taxes
$236,726
Tax Frequency
Annually
Days on Market
294
Garage
No
View
No
County
Cook
Municipality
South Chicago
Pool
No
Zoning
COMMR
Listing History
Date | Event | Price |
---|---|---|
6/3/2024 | Price change | $3,900,000 -9% |
Courtesy of Century 21 S.G.R., Inc., Myra Nimchaiyong,
Listing Contact: 773-575-2779
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Data last updated 4:21 AM UTC, 10/2/2024