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2241 S Wabash Avenue, Chicago, IL 60616
sale
$3,350,000
|
Commercial-Other
Listed By CENTURY 21 S.G.R.
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 stand out 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 will 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.
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Property Features
- Cross Docks: N
- For Auction: N
- Lot Size In Text: 11520 Sq. Ft.
- MLSID: 12290423
- Parking Places: 0
- Price Per Area: 0.00
- Price Upon Request: N
- Style: Other Style
- Sublease: N
- Tax Year: 2023
- Taxes: $229583.00
- Year Built: 1915
Directions to This Property
2241 S Wabash Avenue, Chicago, IL 60616
Demographic Data for 2241 S Wabash Avenue, Chicago, IL 60616
Average Age
42
Married
31%
Number of Homes
21,563
Homes with Children
16.93%
Occupation Type
Transportation to Work
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
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