Share This Listing

Message

935 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

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
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

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
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 - -
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
  • Listing ID: 39921991

  • Date on Market: 3/26/2026

  • Last Updated:

  • Address: 1133-1139 S Wabash Ave, Chicago, IL 60605

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}