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- LoopNet Team
1440 S Wabash Ave
Chicago, IL 60605
Multifamily Property For Sale
·
40 Units
PROPERTY FACTS
| No. Units | 40 | Lot Size | 2.53 AC |
| Property Type | Multifamily | Building Size | 100,524 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2006 |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Zoning | B1-3 | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 2.53 AC |
| Building Size | 100,524 SF |
| No. Stories | 4 |
| Year Built | 2006 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | B1-3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Sprinkler System
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Security System
- On-Site Retail
- Elevator
ABOUT 1440 S WABASH AVE , CHICAGO, IL 60605
Interra Realty has been exclusively engaged to market 17 of 40 condos at 1440 S. Wabash for sale. The subject investment property is a 40 unit mixed-use property located in the highly desirable Chicago South Loop Neighborhood. The property was developed in 2006 and was originally planned as condos. Currently the original developer owns 17 of 40 condo units, which are fully leased. The boutique elevator building features open floor plans that include in-unit laundry, balconies, 11-foot ceilings, high end kitchens with stainless appliances, granite counters and quartz islands with 42 inch cabinets. A new investor has the rare opportunity to acquire 17 condo units in a prime South Loop location with multiple exit strategies including; condo deconversion, sell off as individual condos, continue to rent and increase rents to market
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 40 | - | - |
