1130 S Wabash Ave

Building Name & History: Built in 1891, this five-story historic brick-and-timber commercial loft structure originally served as the headquarters and showroom for the Woods Motor Vehicle Company. It was historically significant as the birthplace of some of the world's first hybrid (electric/gasoline) automobiles.

Current State: The original building no longer stands. It was fully demolished under a wrecking permit. The 1130 S Wabash Ave Zillow Profile and Cook County records officially classify it today as 0.25 acres of vacant land zoned for high-density DX-12 downtown expansion.

Location: Situated in the prime South Loop neighborhood of Chicago, Illinois. It sits right across from Trader Joe's and just north of the major Roosevelt Road transit intersection, adjacent to Columbia College.

Deal & Property Specifications

• Location: Chicago, Illinois

• Property Type: Commercial Office / Retail Loft (Originally built in 1891; historically renovated into creative brick-and-timber office spaces in 1987 before its eventual mid-2000s transition to vacant land).

• Investment Period: 1998 – Mid-2000s. Public land records show a major commercial transaction where the property sold for $3,000,000. Liskor International (Liskor Properties) managed the property as part of their creative commercial leasing portfolio during the late 1990s and early 2000s South Loop renaissance before the site was cleared for future transit-oriented development.

• Property Size: The original historic structure spanned 5 stories totaling approximately 45,000 to 50,000 square feet of building area on a 11,032 square foot (0.25-acre) land parcel.

• Investment & Valuation: Following its $3M acquisition gate in 1998, the site's value shifted entirely into its premium land footprint. Reflecting the high density of the South Loop, the property holds an estimated market value clear of structural overhead, with recent annual property tax assessments tracking at nearly $150,000 to $200,000 annually for the land tract alone.