2635 South Wabash Avenue

Off-Market

2635 South Wabash Avenue, Chicago, IL 60616

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Flex - Industrial
  • Property Size 96,000 SF
  • Lot Size 0.88 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1910

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Date 27 Dec, 2021
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Chicago

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Chicago Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $36.90
  • 2022 Office Vacancy Rate 15.59%
  • 2022 Office Completions (SF) 2,567,705

Chicago Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $227.03
  • Y-o-Y Avg. PpSF Change -35.57%
  • 2022 Office Sales Volume $1.1B
  • 2022 Number of Transactions 24
View more Chicago market trends

Location

Getting Around

  • Walk Score ®

    80/100 Very Walkable
  • Transit Score ®

    69/100 Good Transit
  • Bike Score ®

    80/100 Very Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Dearborn
  • Zip Code 60616
  • Market Chicago

Points of Interest

  • Cermak-McCormick Place

    0.54 miles

  • McCormick Place

    0.65 miles

  • Cermak-Chinatown

    0.72 miles

  • Sox-35th

    0.87 miles

  • 35th-Bronzeville-IIT

    0.92 miles

  • State & 37th Street

    1.20 miles

  • Halsted

    1.21 miles

  • Indiana

    1.58 miles

  • Roosevelt

    1.59 miles

  • Halsted Street

    1.60 miles

  • BP

    0.45 miles

  • Shell

    0.60 miles

  • Gas Depot

    0.71 miles

  • Citgo

    0.87 miles

  • BP

    0.98 miles

  • VP Fuels

    1.06 miles

  • Citgo

    1.10 miles

  • BP

    1.16 miles

  • Mobil

    1.51 miles

  • BP

    1.53 miles

  • McCormick Place Parking Lot A

    0.55 miles

  • McCormick Place Parking Lot B

    0.61 miles

  • McCormick Place Parking Lot B Overflow

    0.63 miles

  • Chinatown Parking

    0.71 miles

  • McCormick Place Truck Marshing Yard

    0.75 miles

  • Ride Share Lot

    0.81 miles

  • McCormick Place Parking Lot C

    0.81 miles

  • Lot A

    0.91 miles

  • 18th St Lot

    0.92 miles

  • Lot C

    0.98 miles

  • Furama Restaurant

    0.43 miles

  • McDonald's

    0.45 miles

  • Tai Ho Yee Food Company

    0.46 miles

  • Evergreen Restaurant

    0.46 miles

  • Famous Sichuan Snacks & Hot Pot

    0.47 miles

  • Sze Chuan Cuisine

    0.47 miles

  • Ricobene's

    0.47 miles

  • Carbon Mexican Grill

    0.51 miles

  • Little Sheep Mongolian Hot Pot

    0.52 miles

  • Yummy Yummy Noodles

    0.54 miles

  • Fat Lee Supermarket

    0.41 miles

  • Silver State City Food Company

    0.46 miles

  • Best Choice Oriental Grocery

    0.47 miles

  • Park To Shop Supermarket

    0.74 miles

  • Park To Shop

    0.89 miles

  • FreshMart

    0.92 miles

  • Jewel-Osco

    0.97 miles

  • Mariano's Fresh Market

    1.05 miles

  • 88 Marketplace

    1.08 miles

  • Chicago Oriental Wholesale Market

    1.08 miles

  • Insight Hospital & Medical Center

    0.19 miles

  • Peace Pharmacy

    0.55 miles

  • Chicago Fire Department Engien Company 8

    0.71 miles

  • Walgreens

    0.83 miles

  • Chicago Fire Department Engine Comnpany 19

    0.92 miles

  • Saint Agnes Health Center

    0.95 miles

  • Walgreens

    0.96 miles

  • Chicago Police Department Headquarters

    0.97 miles

  • Chicago Police Department 1st District

    0.99 miles

  • Chicago Fire Department Headquarters

    1.00 miles

Frequently Asked Questions

What is the total square footage of 2635 South Wabash Avenue?

2635 South Wabash Avenue totals 96,000 square feet.

When was 2635 South Wabash Avenue last sold?

2635 South Wabash Avenue was last sold on 27 Dec, 2021.

What is the property tax for 2635 South Wabash Avenue?

The property tax for 2635 South Wabash Avenue in 2022 was $505,786.

What is the market value for 2635 South Wabash Avenue?

The market value* for 2635 South Wabash Avenue in 2022 was $10,060,853.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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