Chicago · Commercial sale

Lodging property at 10 S Wabash Ave in Chicago sells for $24 million

A lodging property at 10 S Wabash Ave, Chicago sold for $24,000,000 on August 3, 2026. See the seller and buyer net sheets for this sale.

Aerial view of 10 S Wabash Ave, Chicago with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Cook County Assessor. The photo can predate the sale.
Sale price
$24,000,000
Sold
August 3, 2026
Property type
Lodging property
Lot size
14,588 sq ft

A lodging property at 10 S Wabash Ave in Chicago sold for $24,000,000 on August 3, 2026, a price 54% above the $15,630,528 market value on record. The figures come from the Cook County Assessor's sales records.

The Assessor's records also list the most recent earlier sale on record: $16,000,000, in 2026. The same records show a 14,588-square-foot lot.

An aerial photo of the property shows its setting. Shops and offices surround it.

What this sale costs to close

What does closing cost at this price? Under Cook County custom the seller's larger charges are $72,000 for the chicago transfer tax (CTA portion) and $49,475 for the owner's title insurance policy. The seller's estimated net is $23,544,298 before brokerage commissions and any loan payoff. A cash buyer would need about $23,884,630 at closing.

Customize this net sheet

10 S Wabash Ave, Chicago, IL.

Source: Cook County Assessor, parcel sales (Cook County Open Data), document 2621807003. Property details: Cook County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.

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