Basic Information

  • MLS # 11919778
  • Type Commercial / Business / Agricultural / Industrial Land
  • Status Active
  • Subdivision/Complex CHI - Near South SideChicago
  • Year Built 1915
  • Total Sqft N/A
  • Date Listed 10/31/2023
  • Days on Market 200
Description

Just south of the South Loop of Chicago, this exceptional mixed-use commercial property in the Motor Row neighborhood of Chicago. This buildings striking exterior design and its timeless architecture make it standout 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, mediaconference 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 retailoffices, 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, youll 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.

Exterior Features

  • Waterfront No
  • Pool No
  • Parking Spaces 19
  • Parking Description
  • Roof Description Rubber
  • Style Other

Interior Features

  • Adjusted Sqft N/A
  • Cooling Description Central Air
  • Floor Description Carpet, Concrete, Wood
  • Sqft N/A

Property Features

  • Furnished Info No
  • Possession Closing,Negotiable
  • Roof Rubber
  • Short Sale Regular Sale
  • Subdivision Complex 2241 Wabash
  • Subdivision Info CHI - Near South SideChicago
  • Tax Amount $236,726
  • Tax Year 2021
  • Type of Property Mixed Use

2241 S Wabash Ave

Chicago, IL 60616

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