2635 South Wabash Avenue Chicago, IL 60616
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
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.
|9 hours ago||Listing updated with changes from the MLS|
|8 months ago||Status changed to Active|
|9 months ago||Status changed to Price Change|
|9 months ago||Price changed to $5,100,000|
|a year ago||Listing first seen online|