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James DeMarco


  • Cell 312-888-6440

2635 Wabash Avenue, Chicago, IL – $5,100,000

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2635 Wabash Avenue

Great value-add opportunity to own gross 96,000sf four-story industrial building with about 40-car parking lot; situated on 38,096sf land, priced at currently 6.8% plus Cap rate at only 47% 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, 5 blocks from the future development of previous Michael Reese Hospital site, 3 blocks from the I-55 / I-90 highways.

Essential Information

  • MLS® #10343502
  • Price$5,100,000
  • Square Footage96,000
  • Acres0.87
  • Year Built1910
  • TypeCommercial
  • Sub-TypeIndustrial
  • StatusActive

Community Information

  • Address2635 Wabash Avenue
  • AreaCHI - Douglas
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60616


  • Parking Spaces40


  • CoolingCentral Individual
  • Stories4


Forced Air, Gas, Central Heat/Indiv Controls


  • ExteriorBrick
  • ConstructionConcrete, Stone
  • FoundationBlock, Concrete, Stone

Lot Description

Public Transport Avail, TIF Zone

Additional Information

  • Days on Website288
  • ZoningCOMMR
  • Taxes$127,409

Listing Details

  • OfficeRichland Global Inc
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Price Change History for 2635 Wabash Avenue, Chicago, IL (MLS® #10343502)

Date Details Price Change
Price Change
Price Reduced $5,100,000 $390,000 (7.10%)
Price Change
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Listing information last updated on January 27th, 2020 at 9:35pm CST.