2635 Wabash Avenue

    Chicago, IL 60616
    • $6,800,000
    • STATUS: Active
    • ON SITE: 232 days
    • MLS #: 09971926
    UPDATED: 67 min ago
    $6,800,000
    • 0
      BEDS
    • 0.87
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 96,000
      SQFT
    • $71
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1910
    County:

    School Ratings & Info

    Description

    Great opportunity to own 96,000sf four-story industrial building with concrete and brick construction; situated on 38,096sf land, with value-added or redevelopment potential, only 45% occupied; come with 1 exterior dock and 4 drive-in doors, located in Bronzeville TIF district, 5 blocks from the future development of previous Michael Reese Hospital site, 3 blocks from the I-55 / I-90 highways.

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Touchstone Group. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Touchstone Group are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2019-01-22T14:51:54.273.

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    www.tsgre.com/homes/84217810

    2635 Wabash Avenue Chicago, IL 60616

    • Price: $6,800,000
    • Status: Active
    • Updated: 67 min ago
    • MLS #: 09971926
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.87
    Acres
    96,000
    SQFT
    $71
    $/SQFT
    1910
    Built
    Neighborhood:
    Chi - Douglas
    County:
    Cook
    Area:
    Chi - Douglas
    Property Description
    Great opportunity to own 96,000sf four-story industrial building with concrete and brick construction; situated on 38,096sf land, with value-added or redevelopment potential, only 45% occupied; come with 1 exterior dock and 4 drive-in doors, located in Bronzeville TIF district, 5 blocks from the future development of previous Michael Reese Hospital site, 3 blocks from the I-55 / I-90 highways.
    Exterior Features

    Construction ConcreteStone Docks Exterior Foundation BlockConcreteStone Frontage Access City Street Location Public Transport AvailTif Zone Lot Dimensions 200' X 190.5' Lot Sq Ft 38050 Number Of Parking Spaces 40 Number Of TLDocks 1

    Interior Features

    Air Conditioning Central Individual Approx Office Sq Ft To Suit Ceiling Hgt Max Ft 14 Ceiling Hgt Max In 0 Ceiling Hgt Min Ft 11 Ceiling Hgt Min In 0 Fire Protection Alarm On Site Floor Finish Concrete Miscellaneous Inside Elevator/S FreightElevator/S PassengerHeavy Floor LoadMulti-TenantStorage Inside Number Of Drive In Doors 4 Number Of Stories 4

    Property Features

    Age Older Built Before1978 YN Yes Clear Span YN Yes Current Use CommercialOffice And Research Electrical Service Circuit BreakersOver 600 Amps3 PhaseHeavy Power 1200+ Amps Expense Year 2017 Exterior Building Type Brick Extra Storage Spaces Available YN Yes Geographic Locale Chicago South Gross Rentable Area 96000 Gross Rental Income Amount 35511 Heat Ventilation Central Heat/Indiv ControlsForced AirGas Investment YN Yes Max Avail Sq Ft Rentable 61150 Min Avail Sq Ft Rentable 2000 Net Oper Income Amount 24015 Net Operating Income Year 2017 Number Of Tenants 12 Possession Closing Potential Use CommercialIndustrial/MfgOffice And ResearchRetailSpecial Use Property Offered For Sale Only Tax Year 2017 Taxes 72254.4 Tenant Pays ElectricHeatReal Property TaxesVaries By Tenant Total Annual Exp 114955 Total Annual Expense Source Actual Total Annual Income 355114 Total Monthly Income 29592 Township Hyde Park Unincorporated YN No Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Richland Global Inc.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Touchstone Group. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Touchstone Group are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2019-01-22T14:51:54.273.

    Digital Millennium Copyright Act
     
    Touchstone Group
    2308 W North Avenue #C1
    Chicago IL, 60647