1301 South Wabash Avenue, Chicago, IL

$3,950,000

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About 1301 South Wabash Avenue

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.

Features of 1301 South Wabash Avenue

MLS® # 11225213
Price $3,950,000
Bathrooms 0.00
Acres 0.00
Year Built 1930
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 1301 South Wabash Avenue
Area CHI - Near South Side
City Chicago
County Cook
State IL
Zip Code 60605

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Brick
Roof Rubber

Additional Information

Days on Market 979
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Listing Map

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