Chicago, IL 60616,2010 S Wabash AVE
Chicago, IL 60616,2010 S Wabash AVE
Chicago, IL 60616,2010 S Wabash AVE
Chicago, IL 60616,2010 S Wabash AVE
Chicago, IL 60616,2010 S Wabash AVE
Chicago, IL 60616,2010 S Wabash AVE
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Mark Rantis

Mark Rantis

+1(847) 606-5272
$ 3,200,000
Est. payment | /mo

20,438 SqFt

Save
$ 3,200,000
Est. payment | /mo
Save

20,438 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 20,438 sqft

Price per Sqft $156

MLS Listing ID 12439561

Year Built 2002

Annual Tax Amount $50,440

Tax Year 2023

Lot Dimensions 30X150

Property Sub-Type Mixed Use

Property Description

Strauss Realty, Ltd. is pleased to exclusively present 2010-2012 S. Wabash Avenue, a prime 20,438 SF mixed-use property located in the heart of Chicago's dynamic South Loop. This fully-occupied asset includes 6 residential apartments, along with two retail spaces totaling 9,581 RSF (featuring a 4,335 SF street-level storefront and an additional 5,246 SF of usable basement retail). An 8-car garage provides added convenience and tenant appeal. Offered at a 6.64% cap rate based on in-place NOI of $212,589, this stabilized property delivers strong cash flow with zero current vacancy. The renovated residential units include granite countertops, stainless steel appliances, and in-unit laundry. Units 2F, 3F, and 4F were updated in 2023 and the remaining units were renovated in 2017. Recent capital improvements and a balanced unit mix make for a low-maintenance, high-performing asset. Located near Wintrust Arena, McCormick Place, Essex on the Park, and the Museum Campus, the property benefits from exceptional visibility and accessibility. Within a one-mile radius of five CTA train lines and major bus routes - and under 10 miles to both O'Hare and Midway - this South Loop location continues to see strong development and demand. 2010-2012 S. Wabash Avenue offers investors a rare opportunity to acquire a fully-leased, income-producing asset in a premier urban corridor with long-term growth potential.

Location

State IL

County Cook

Area Chi - Near South Side

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Mixed Use

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Craig Wolf of  Strauss Realty Ltd 
SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    STEM Magnet Academy Elementary School

    Public | KG - 5

  • 10

    Skinner Elementary School

    Public | PK - 5

  • 9

    Jackson a Elementary Language Academy

    Public | KG - 8

  • 9

    Galileo Elementary Math & Science Schol Acd

    Public | KG - 8

  • 9

    Sheridan Elementary Math & Science Academy

    Public | KG - 8

  • 9

    Healy Elementary School

    Public | PK - 8

  • 9

    J. Ward Elementary School

    Public | KG - 8

  • 9

    Haines Elementary School

    Public | PK - 8

  • 8

    Perez Elementary School

    Public | PK - 8

  • 7

    Ogden Elementary School

    Public | KG - 8

  • 7

    South Loop Elementary School

    Public | PK - 8

  • 6

    Namaste Elementary Charter School

    Public | KG - 8

  • 6

    Holden Elementary School

    Public | PK - 8

  • 6

    Robinson Elementary School

    Public | PK - 3

  • 5

    N. Greene Elementary School

    Public | KG - 5

  • 5

    Cooper Elementary Academy

    Public | PK - 5

  • 5

    Armour Elementary School

    Public | KG - 8

  • 5

    Chicago Virtual Charter School

    Public | KG - 12

  • 5

    McClellan Elementary School

    Public | PK - 8

  • 5

    Hendricks Elementary Community Academy

    Public | PK - 8

Middle Schools 6
  • 10

    Young Magnet High School

    Public | 7 - 12

  • 7

    Ogden Intermediate High School

    Public | 6 - 12

  • 7

    Noble Street Charter Schools

    Public | 6 - 12

  • 6

    Evergreen Academy Middle School

    Public | 6 - 8

  • 3

    Young Womens Leadership Chartr High School

    Public | 7 - 12

  • 1

    Perspectives Charter High School

    Public | 6 - 12

High Schools 20
  • 9

    Jones College Preparatory High School

    Public | 9 - 12

  • 9

    King College Preparatory High School

    Public | 9 - 12

  • 8

    Chicago High School for the Arts

    Public | 9 - 12

  • 7

    Air Force Academy High School

    Public | 9 - 12

  • 7

    Chicago Military Academy High School

    Public | 9 - 12

  • 6

    Intrinsic Charter High School

    Public | 9 - 9

  • 6

    Phillips Academy High School

    Public | 9 - 12

  • 4

    Wells Community Academy High School

    Public | 9 - 12

  • 3

    Juarez Community Academy High School

    Public | 9 - 12

  • 2

    Chicago Technology Academy High School

    Public | 9 - 12

  • 2

    Dunbar Vocational Career Academy High School

    Public | 9 - 12

  • 1

    Urban Preparatory Charter Academy West Campus High School

    Public | 9 - 12

  • 1

    Urban Preparatory Charter Academy Bronzeville High School

    Public | 9 - 12

  • 0

    Simpson Academy High School for Young Women

    Public | 9 - 12

  • 0

    St Ignatius College Preparatory

    Private | 9 - 12

  • 0

    The Chicago Academy for the Arts

    Private | 9 - 12

  • 0

    Youth Connections Charter High School

    Public | 9 - 12

  • 0

    Graham R Training Center

    Public | 9 - 12

  • 0

    De la Salle Institute - Institute Campus

    Private | 9 - 12

  • 0

    Little Black Pearl Arts Academy High School

    Public | 9 - 12

School and business data provided by Attom Data.
Mark Rantis

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(847) 606-5272

mark@therantisgroup.com

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2010 S Wabash AVE