Address
1836-1914 S Wabash Avenue, Chicago, IL
Price
$ 5,175,000
Property Attributes
- MLS#11827259
- TypeLand
- CountyCOOK
- CityChicago
- AreaCHI - Near South Side
- NeighborhoodWabash Corridor
- Zip60616
- StyleCommercial
- Taxes$ 166986
- Price$ 5,175,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Coldwell Banker Commercial Realty is pleased to list a south loop land parcel, located off the corner of Wabash Avenue and 18th Street. The subject property measures just under one-acre of land (approximately 42,974 sf) with over 255 feet of frontage on Wabash Avenue. The current zoning is DX-5. Due to its proximity to the Green Line "L", the property might be able to be zoned for a TOD (Transit Oriented Development). On the property are two buildings with a combined interior space of approximately 26,392 gross building area on two floors. The ground floor is industrial with high-ceilings and the upper floor is office space. Close by is the Cermak Road Green Line "L" stop. Surrounding the property are high-rise residential development with commercial tenants on the ground floor. 18th Street provides easy access to the Dan Ryan Expressway to the west and Dusable Lake Shore Drive to the east. CTA bus lines include 3, 4, 29 and 62, which connect to the Roosevelt Transit Stop and the Cermak/Chinatown "L" stop.
| Price History | |
|---|---|
| 7/10/2023 | Listed $6,900,000 |
| 9/29/2023 | 6% - $6,495,000 |
| 11/3/2023 | 12% - $5,750,000 |
| 11/13/2023 | 10% - $5,175,000 |
General Features
| Additional Parcels Y/N | Yes |
|---|---|
| City | Chicago |
| Cooling | Central Air |
| County | Cook |
| Current Use | Commercial |
| Days on Market | 133 |
| Directions | From Roosevelt Road, head south 6 blocks to the site located on the west side of Wabash Avenue |
| Elementary School District | 299 |
| High School District | 299 |
| MLS Area | CHI - Near South Side |
| Middle/Junior School District | 299 |
| Percent Ownership | Fee Simple |
| Possession | Closing |
| Property Type | Land |
| Property Type | Land |
| Standard Status | Active |
| Status | Active |
| Street Name | Wabash |
| Tax Annual Amount | 166986.4 |
| Tax Year | 2021 |
| Township | South Chicago |
| Utilities | Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site |
| Waterfront Y/N | No |
| Zoning | MULTI |
Interior Features
| Street Suffix | Avenue |
|---|
Exterior Features
| Frontage Length | 255.5 |
|---|---|
| Frontage Type | City Street |
| Lot Dimensions | 255.52 X 168.59 |
| Road Surface Type | Asphalt |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 60616
Price
Taxes
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