Eco Friendly
Address
2635 S Wabash Avenue Chicago, IL
Price
$ 5,100,000
Property Attributes
- MLS#10343502
- TypeIndustrial
- CountyCOOK
- CityChicago
- AreaCHI - Douglas
- NeighborhoodBronzeville
- Zip60616
- StyleCommercial,Industrial,Office and Research,Retail,S
- Year Built1910
- Taxes127409
- Price$ 5,100,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage96000
- Lot Size0.87 Acres
Listing Provided Courtesy Of:
Richland Global Inc
Property Description
Great value-add opportunity to own gross 95,250sf four-story industrial building with about 40-car parking lot; situated on 38,096sf land, priced at currently 4.5% Cap rate at only 40% occupancy rate, while it is a value-add opportunity for you with potential 12% plus Cap rate if it is fully occupied. The property comes with 1 exterior dock and 4 drive-in doors, located in Bronzeville TIF district, 8 blocks away from the McCormick Place, 5 blocks from the future development of previous Michael Reese Hospital site, 3 blocks from the I-55 / I-90 highways.
| Price History | |
|---|---|
| 4/14/2019 | Listed $5,800,000 |
| 6/19/2019 | 6% - $5,490,000 |
| 9/8/2019 | 8% - $5,100,000 |
General Features
| Property Type | Industrial |
|---|---|
| Property Type | Commercial Sale |
| Standard Status | Active |
| Zoning | COMMR |
Exterior Features
| Building Area Total | 96000 |
|---|---|
| Exterior | Brick |
| Lot Dimensions | 200' X 190.5' |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| Dining Room | ||||
| Family Room | ||||
| Living Room | ||||
| Master Bedroom |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 60616
Price
Taxes
Visits
Year Built
Walkscore
