2421 S Wabash Avenue Chicago, IL ^$ 250,000

2421 S Wabash Avenue

^$ 250,000

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Recently Listed

2421 S Wabash Avenue

Chicago, IL, 60616

^$ 250,000

Bedrooms-- Baths-- Sq 12,800

Monthly Estimate*

^$ 1,539

2421 S Wabash Avenue, Chicago, IL 60616 - Image 1

Commercial Property for sale in Chicago, IL

for $250,000. This building is 12,800 square feet.

Auto Repair and Body Shop for sale. Established and operating business in great location. This combo is a high-demand asset; it offers multiple revenue streams-mechanical repair and collision work. Located on 12,800 sq ft of space. Space includes office area. Single Story building with +/- 2,500 sq of parking. Great location- Motor Row District. Great exposure to feeder ramp between LSD and Dan Ryan. Price includes business only. Also available for sale with Real Estate $2,500,000

Commercial Active

Price

^$ 250,000

Property Type

Commercial

Taxes

^$ 17,237

Style

Auto Service

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12568427

Features

General

Cooling Office Only

Possession Immediate

Zoning COMMR

Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Insurance Repairs Scavenger Varies by Tenant All Utilities

Stories Count 1

Tax Year 2024

Current Use Commercial

Business Type Auto Service

Business Name New King Auto Repair

County Cook

Operating Expense 0

Property Type Business Opportunity Bus / Bus w/Real Est

Possible Use Commercial

Status Active

Directions South on Wabash to 2421 near 24th and Michigan South Loop

City Chicago

MLS Area CHI - Near South Side

Lot Size Square Feet 0

Tax Annual Amount 17237

Additional Parcels Y/N Y

Lease Type Net

Standard Status Active

Total Actual Rent 20000

Exterior

Building Area Total 12800

Lot Dimensions 80 X 191

Frontage Type City Street

Waterfront Y/N N

* Excluded Features

List By

Infiniti Properties, Inc.

Broker

nedmalley@aol.com

Affordability Calculator

$2,976

Per Month

Monthly Principal & Interest: $1,539
Monthly Property Taxes: $1,436
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$961,314

Percent of Sale Price 285%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/13/2026	$250,000		Listed Price

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2421 S Wabash Avenue, Chicago, IL, 60616 is a Commercial Property for sale at $250,000 with 12,800 sqft. The property's zip code is 60616 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 2/22/2026.

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2421 S Wabash Avenue

Commercial Property for sale in Chicago, IL

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