1301 South Wabash Avenue Chicago, IL 60605

$3,950,000
0.22
Acres
$3,950,000
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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.

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.

Listed by:
Coldwell Banker Realty

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of Coldwell Banker Realty.
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Property details

Community Features

  • No HOA

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning
  • Heat Gas

Property History

DateDays AgoEventNew Price
Apr 4, 202421 days agoPrice decreased250,000 (6%)$3,950,000
Nov 14, 20235 mos agoPrice decreased400,000 (9%)$4,200,000
Jun 23, 202310 mos agoPrice decreased300,000 (6%)$4,600,000
Mar 28, 20222 yrs agoPrice decreased100,000 (2%)$4,900,000
Sep 21, 20213 yrs agoNew on market$5,000,000
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