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2540 S Wabash Ave
Chicago, IL 60616
Kozy's Cyclery · Industrial Property For Sale

Property Facts

Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 1.53 AC
Rentable Building Area 25,783 SF
No. Stories 2
Year Built 1936
Parking Ratio 0.43/1,000 SF
Clear Ceiling Height 17’9”
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 2
Zoning C1-5

Amenities

  • Bus Ducts
  • Floor Drains

Utilities

  • Heating - Gas

About 2540 S WABASH AVE , CHICAGO, IL 60616

This 31,000 SF brick building is located in an OPPORTUNITY ZONE AND BRONZEVILLE TIF DISTRICT. By itself is has a potential buidable FAR of 87,120. The adjacent property at 2500 S. Wabash is also available; a 1.1 ac. land site with potential buildable FAR of 145,479. Across from the new brewery Moody Tongue, former Baderbrau Site, these are just three blocks south of Motor Row, four blocks from Mercy Hospital, half a mile to the future Michael Reese Development site and half a mile to McCormick Place. This well kept building is currently home to Kozy's Cyclery with retail on first floor and exposed brick and timber storage on second floor. The property has a working freight elevator, two drive ins and abundant natural light. The two properties combined have a buildable FAR of approximately 232,600 SF.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 17-27-122-020-0000
  • 17-27-122-029-0000
  • 17-27-122-015-0000
  • 17-27-122-014-0000
  • 17-27-122-016-0000
  • 17-27-122-018-0000
  • 17-27-122-019-0000
  • 17-27-122-017-0000
Land Assessment
$247,772
Improvements Assessment
$467,806
Total Assessment
$715,578
  • Listing ID: 15579889

  • Date on Market: 3/29/2019

  • Last Updated:

  • Address: 2540 S Wabash Ave, Chicago, IL 60616

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