9 Wabash AveChicago, IL 60602

Property Details for 9 Wabash Ave

Year built

1939

Lot size

0.17 AC

Property size (Sq ft)

196,000 SF

Property type

Office buildings

APN

17-10-312-004

APU

1710312004

Description

This exceptional 15,250 square foot multi-tenant property at 9 N Wabash Avenue, Chicago, IL 60602, offers unparalleled executive office space in the heart of the Chicago Loop. Currently fully vacant, this building presents a unique opportunity for businesses seeking flexible and prestigious office accommodations. The building features four individual suites, with a minimum divisible space of 750 square feet and a maximum contiguous space of 7,000 square feet, catering to a variety of business needs and sizes. The high ceilings, measuring 12'10", create an airy and spacious atmosphere. Located in the desirable Chicago Loop submarket, this property benefits from its proximity to Madison Avenue and enjoys excellent access to public transportation and a wealth of amenities. The property is zoned DX-16 and is situated in Cook County. The building's retail and office space configuration provides versatility for a range of businesses. This is a rare chance to secure a prominent location in one of Chicago's most sought-after business districts. The entire 15,250 square feet is available for lease, providing an ideal opportunity for a single tenant or multiple tenants seeking individual suites. Contact us today to learn more about this exceptional property and its leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $62,988,816

  6.5%

  $58,143,520

  7%

  $53,990,412

• Comparable approach

  Method

  Valuation

  Relative Method

  $25,529,000

  Geo Method

  $25,529,000

• Alternative Use

  Use

  Valuation

  Residential

  $72,097,968

  Hospitality

  $66,041,348

  Educational

  $54,945,628

  Medical

  $56,835,292

  Retail

  $85,470,976

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.8824

Longitude

-87.6257

CBSA code

16980

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].