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1301 S Wabash Avenue

Chicago, IL 60605
  • $4,900,000
  • STATUS: Active Under Contract
  • ON SITE: 615 Days
  • MLS #: 11225219
Under Contract
$4,900,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

School District:
299

Description

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.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Chicago Homes 360 | Keller Williams Chicago - Lincoln Park. Based on information submitted to the MRED as of 2023-05-29T23:57:21.467 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1301 S Wabash Avenue Chicago, IL 60605

  • Price: $4,900,000
  • Status: Active Under Contract
  • On Site: 615 Days
  • MLS #: 11225219
0
Beds
0
Baths
0
½ Baths
0.22
Acres
Neighborhood:
Chi - Near South Side
County:
Cook
Area:
Chi - Near South Side
School District:
299
Property Description
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.
Exterior Features

Frontage Type City Street Lot Size Less Than .25 Acre Road Surface Type Asphalt Waterfront YN No

Interior Features

Basement Bathrooms YN No Cooling Central Air Heating Natural Gas

Property Features

Additional Parcels YN No Building On Land Yes Contingency Attorney/Inspection Continue To Show Yes Corporate Limits Chicago Current Use Commercial Farm No General Information Commuter Train Location Corner Mls Actual Status Contingent Ownership Fee Simple Ownership Types Land Trust Possible Use CondominiumMulti-Family Rental Price 0 Special Listing Conditions List Broker Must Accompany Tax Annual Amount 25971.81 Tax Year 2020 Township South Chicago Type Land Utilities Electric To SiteGas To SiteWater To Site Zoning Other

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 312-266-7000.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Chicago Homes 360 | Keller Williams Chicago - Lincoln Park. Based on information submitted to the MRED as of 2023-05-29T23:57:21.467 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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