Chicago, IL 60616 2525 S Wabash Avenue

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Presented By: Compass
  • MLS# 12143875
  • 08/22/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 15,000

Home Details

Located in the convenient South Loop community near Motor Row District, do not miss the opportunity to purchase this ~15,000 sq ft warehouse space. With immediate access to U.S. Route 41 (Lakeshore Drive) and Interstates 90/94, 290 and 55, and proximity to the loop, this is a perfect location for your business. Zoned as M1-3, this warehouse building features private offices, a conference space, and shared common kitchen and bathroom areas. Tenants are responsible for all utilities except water/trash. 3 offices and ~5000 sqft of warehouse are currently rented, with ~8100 sqft of warehouse and 4 office spaces available to utilize for your business. Three 12' doors for loading are available for loading into the warehouse spaces, accessed by a private driveway and a rear courtyard loading area. Ceiling height through warehouse varies from 12'-14'. Highly efficient commercial wood burning furnace heats the entire building. See floorplan in photos for building layout.
Presented By: Compass

Interior Features for 2525 S Wabash Avenue

Other Interior Features

FlooringConcrete, Tile, Vinyl

General for 2525 S Wabash Avenue

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingCentral Air
CountyCook
Days on Market8
DirectionsWest on 26th, South on Wabash
ElectricPower - 240V
Gross Income57289
Leasable Area10222
Lease TypeModified Gross
Lot Size Square Feet17235
MLS AreaCHI - Near South Side
Net Operating Income14568
NumberOfUnitsTotal3
Operating Expense42721
Property SubTypeDistribution Warehouse, Manufacturing / Warehousing, Other
Property TypeCommercial Sale
Property TypeIndustrial
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount41921
Tax Year2023
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat, Repairs
TownshipSouth Chicago
UtilitiesElectric to Site, Gas to Site, Water-Community, Water to Site
Year Built1918
ZoningCOMMR

Exterior for 2525 S Wabash Avenue

Building Area Total15000
ExteriorBrick
Lot Dimensions89.35X192.9

Additional Details

Price History

Worth Clark

Price $2,000,000
MLS#12143875
List Date 08/22/2024
Property Type Industrial
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