180 Wabash AveChicago, IL 60601

Property Details for 180 Wabash Ave

Year built

1914

Lot size

0.44 AC

Property size (Sq ft)

154,900 SF

Property type

Office buildings

APN

17-10-305-003

APU

1710305003

Description

180 North Wabash Avenue offers exceptional office space in Chicago's vibrant Central Loop submarket. This eight-story building boasts a total of 162,000 square feet, providing a range of options to suit diverse business needs. Multiple tenancy is available, with spaces ranging from a minimum of 486 square feet to a maximum contiguous space of 5,473 square feet. Currently, there are 24,725 square feet of vacant space ready for immediate occupancy. The building caters to various office styles, including executive, traditional, and creative office spaces, ensuring flexibility for a wide array of businesses. Its location in the heart of the Central Loop provides unparalleled access to public transportation, world-class amenities, and a thriving business community. The address is 180 N Wabash Ave, Chicago, IL 60601. This property presents a unique opportunity to establish a prominent presence in one of Chicago's most sought-after business districts. The building's design and layout are adaptable to various business configurations, making it an ideal choice for companies seeking a prestigious and functional workspace. Inquire today to explore the available options and secure your ideal office space at 180 North Wabash Avenue.

• CAP approach

  CAP return

  Valuation

  6%

  $49,780,444

  6.5%

  $45,951,180

  7%

  $42,668,952

• Comparable approach

  Method

  Valuation

  Relative Method

  $20,175,724

  Geo Method

  $20,175,724

• Alternative Use

  Use

  Valuation

  Residential

  $56,979,464

  Hospitality

  $52,192,884

  Educational

  $43,423,864

  Medical

  $44,917,280

  Retail

  $67,548,232

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.8854

Longitude

-87.6267

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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