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1133-1139 S Wabash Ave - Cosmopolitan Lofts 1,450 SF Office/Retail Condo Unit Offered at $349,950 in Chicago, IL 60605



Investment Highlights
- Rare opportunity to acquire a ±1,450 SF ground-floor retail / office condominium in Chicago’s South Loop / Grant Park submarket
- Asking Lease Rate: $26.00 PSF NNN
- Positioned at S Wabash Ave & E Roosevelt Rd, a major South Loop retail corridor
- Offered for sale at $349,950 (˜ $241 PSF) or available for lease, providing flexible acquisition options
- Owner-user or investor opportunity with flexible acquisition and occupancy options
- Zoned B7-6, allowing a broad range of commercial uses (subject to HOA approval)
Executive Summary
Now available for sale or lease, this ±1,450 SF ground-floor retail / office condominium is located at 1133–1139 S Wabash Ave in Chicago’s South Loop / Grant Park submarket. The space is situated within the Cosmopolitan Lofts, a mixed-use condominium building, and offers street-level visibility along S Wabash Ave near the intersection of E Roosevelt Rd. The unit features a private street entrance and a flexible layout suitable for a variety of retail, office, medical, or service-oriented uses, subject to zoning and condominium association approval. The property benefits from exceptional transit access, located one block from the CTA Roosevelt Station, serving the Red, Green, and Orange Lines. Surrounding area anchors include Trader Joe’s, Jewel-Osco, Target, and the Roosevelt Collection, along with dense residential development and nearby institutional users such as Columbia College Chicago. The space is offered for sale at $349,950 or available for lease, presenting an attractive opportunity for both owner-users and investors seeking a well-located, small-format commercial condo in the South Loop.
1 Unit Available
Unit C-1
| Unit Size | 1,450 SF | Sale Type | Investment or Owner User |
| Price | $349,950 | Sale Conditions | Lease Option |
| Price Per SF | $241.34 | APN/Parcel ID | 17-15-309-033-1002 |
| Condo Use | Office/Retail |
| Unit Size | 1,450 SF |
| Price | $349,950 |
| Price Per SF | $241.34 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Sale Conditions | Lease Option |
| APN/Parcel ID | 17-15-309-033-1002 |
Description
Ground-floor commercial condo (Unit C1) featuring an several private rooms semi finished layout, private entrance, and strong visibility on Roosevelt Rd and right next to Trader Joes!. Suitable for retail, office, medical, or service use (subject to zoning/HOA). Professionally managed association with predictable HOA. Ideal for owner-user or investor.
Sale Notes
Rare opportunity to acquire a ±1,450 SF ground-floor retail / office condominium in Chicago’s South Loop / Grant Park submarket
Offered for sale at $349,950 (˜ $241 PSF) or available for lease, providing flexible acquisition options
Ideal for owner-users seeking long-term occupancy control or investors targeting small-format, transit-oriented product
Located at S Wabash Ave & E Roosevelt Rd, one of the South Loop’s most active retail and pedestrian corridors
One block from the CTA Roosevelt Station (Red, Green & Orange Lines), supporting strong accessibility and foot traffic
Surrounded by national and daily-needs retailers including Trader Joe’s, Jewel-Osco, Target, and the Roosevelt Collection
Dense surrounding residential and institutional population drives consistent demand for retail and service uses
Commercial condominium ownership within a professionally managed mixed-use building
Zoning B7-6, allowing a broad range of commercial uses (subject to HOA approval)
Limited supply of comparable street-level retail condos in the South Loop supports long-term value and liquidity
Property Facts
| Total Building Size | 72,200 SF | Floors | 8 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 19,539 SF |
| Property Subtype | Apartment | Year Built | 1891 |
| Building Class | C | Lot Size | 0.45 AC |
| Zoning | B7-6, Chicago - Retail | ||
| Total Building Size | 72,200 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 8 |
| Typical Floor Size | 19,539 SF |
| Year Built | 1891 |
| Lot Size | 0.45 AC |
| Zoning | B7-6, Chicago - Retail |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 22 | - | - |
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1133-1139 S Wabash Ave - Cosmopolitan Lofts
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