Burnham Park Professional Center

828 & 850 South Wabash Avenue, Chicago, IL 60605

Property Information

  • For Sale Subject To Offer
  • Property Type Retail - Street Retail
  • Property Size 76,266 SF
  • Units 50
  • Lot Size 1.53 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1986
  • Year Renovated 2006
  • Date Updated Jun 30, 2026

Description

Burnham Park Professional Center, located at 828 & 850 S. Wabash Avenue, is positioned along the west side of Wabash Avenue in Chicago’s South Loop. The Property benefits from a highly walkable, transit-oriented location near the Loop, Grant Park, and the lakefront Museum Campus. Public transportation access is provided by several nearby CTA stations, including Harrison Red Line, Roosevelt Red/Green/Orange Line, and LaSalle Blue Line, as well as Metra service at LaSalle Street Station and Museum Campus/11th Street. The Property also offers convenient access to major transportation routes, including the nearby Jane Byrne Interchange, connecting I-90/94 and I-290. The South Loop is one of Chicago’s most active urban neighborhoods, supported by a dense mix of residents, students, office users, tourists, and institutional demand drivers. The Property is located near major educational, cultural, and recreational destinations including Columbia College Chicago, Roosevelt University, UIC, Grant Park, Millennium Park, the Field Museum, Shedd Aquarium, Adler Planetarium, and Soldier Field. The surrounding trade area also features numerous national and neighborhood retailers, restaurants, and amenities, including Target, Trader Joe’s, Jewel-Osco, Walgreens, CVS, Old Navy, FFC South Loop, XSport Fitness, Dunkin’, Starbucks, and Lou Malnati’s, supporting strong appeal for medical, dental, wellness, retail, and service-oriented tenants.Burnham Park Professional Center is a 76,266 square-foot, mixed-use office building with ground floor retail located 828 & 850 S. Wabash Avenue in Chicago's South Loop. Built in 1986 and renovated in 2007, the Property features two (2) interconnected buildings with ground-floor retail and upper level office space. The Property is 46.2% leased to a diversified mix of medical, dental, and wellness tenants including Stride Autism Centers, South Loop Dental Specialists, S.R.B. Dental, and Advanced Dermatology, among others. The Property benefits from its position in one of Chicago's most connected South Loop corridors, with walkable access to the Harrison Red Line, Roosevelt (Red, Green, Orange), and LaSalle Blue Line "L" stations, along with Metra service at LaSalle Street and Museum Campus/11th Street. Nearby amenities and retailers include Grant Park, The Museum Campus, Soldier Field, Target, Trader Joe's, Walgreens, X-Sport Fitness, Jewel-Osco, FFC South Loop, Old Navy, CVS/Pharmacy, Stan's Donuts, Dunkin', Starbucks, and Lou Malnati's

Highlights

  • At the existing 46.2% occupancy rate, the offering presents a value-add opportunity via lease-up and stabilization to an already positive cash flowing asset
  • Diversified in-place tenancy mix featuring medical, dental, and wellness tenants
  • Located near numerous national retailers including Target, Trader Joe's, Walgreens, Starbucks, Jewel-Osco, Stan's Donuts, and Lou Malnati's, among many others
  • Opportunity to acquire a mixed-use office building with ground floor retail in Chicago's South Loop well located near public transit and area amenities including Grant Park, The Museum Campus, and Soldier Field, among others

Contacts

Location

Located at 828 & 850 South Wabash Avenue, Chicago, IL 60605, this property is part of the South Loop neighborhood and Chicago market.

Contact Listing Broker
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