Courtesy of Coldwell Banker Realty

1301 S Wabash Avenue

Chicago, IL, 60605

$4,900,000

$256 per ft²
$4,900,000
$256 per ft²
Active Under Contract
Active Under Contract
 - For Sale
carpenters-square
19,072 ft²
property_type
Commercial
calendar
Built 1930
The subject property is located at the SEC of Wabash Avenue and 13th Street in Chicago's vibrant South Loop with close proximity to the Loop, Michigan Avenue, and the Museum Campus. This building sits on a lot line of 55' on Wabash and 171' on 13th Street. Current zoning is DX-7, which provides for commercial on the ground floor and residential or office on the upper floor. Currently, there is a vacant 2-story building on the site with a former restaurant infrastructure in place on the first floor and the second floor built out for a residence and a photography studio. Developers will find the potential TOD zoning appealing and a higher density on the site. Restaurants and cannabis tenants will show interest in the location. Easy access to Lake Shore Drive and the Dan Ryan via the Roosevelt Road thoroughfare one block north. The Red, Orange, and Green lines at Roosevelt Road provide access to the downtown, northside, Midway Airport and McCormick Place.
MLS® ID:
11225213
Listed:
9/20/21
Updated:
3/29/23

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central Air

Exterior/Building Features

Lot Size
9,390 ft² lot
Roof
Rubber

Other Property Details

Area Name
CHI - Near South Side
Taxes
$23610
Tax Frequency
per YEAR
Garage
No
Parking
3
Parking Total
3.0
View
N
County
Cook
Pool
No
Total Stories
2
Buyer Agency Compensation
AS A PERCENTAGE OF THE NET SALE PRICE. THE NET SALE PRICE IS THE GROSS SALE PRICE MINUS AMOUNTS TO BE CREDITED OR PAID TO THE BUYER, AS REFLECTED IN THE INITIAL SALES CONTRACT.

Property History

Date
Event
Price
Value
3/28/22
Price Change
$4,900,000
-2%
12/19/22
Active Under Contract
-
-

Courtesy of Coldwell Banker Realty, Edward Pohn,
Listing Contact:  

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Data last updated 9:06 AM UTC, 3/29/23

 

 

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