1301 S Wabash Avenue, Chicago IL 60605

1301 S Wabash Avenue, Chicago IL 60605
$3,950,000

Size 0.22 acres
Dimensions 171.2 X 54.8
Taxes $21,915.35
Payment Estimate View Mortgage Calculator

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.

Listed by Edward Pohn for Coldwell Banker Realty | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

Features & Information

Key Details

List Price $3,950,000
Property Taxes $21,915.35
Acreage 0.22
Lot Dimensions 171.2 X 54.8
Buyer's Agent Commission 2%
Status Active

Schools

Elementary School District 299
Junior High District 299
High School District: 299

Location

General Information Commuter Train
County Cook
Township South Chicago
Corporate Limits Chicago
Directions to Property Roosevelt To Wabash. 1 Block South To The Property

Property Taxes
Tax $21,915.35
Tax Year 2021
Parcel Identification Number 17221040010000

Explore South Loop

A dynamic mix of history and innovation, Chicago’s South Loop neighborhood has flourished from a once booming commercial sector into one of the city’s hottest residential areas. Much of the area’s eastern edge encompassed by the Museum Campus, home to an impressive collection of cultural institutions including the Field Museum, Shedd Aquarium, and Adler Planetarium. Sitting along the scenic lakefront, the parkland area located around the Campus is an extension of another one of the South Loop’s amazing spaces—Grant Park. Known as “Chicago’s front yard” locally, Grant Park boasts 319 acres of green space and is host to many of the city’s festivals such as the Taste of Chicago, Chicago Blues Fest, and Lollapalooza. Perfect for nature lovers and avid sports fans alike, the South Loop is also home to Northerly Island and Soldier Field. The South Loop offers a variety of dining and entertainment options, and is the location of notable Chicago restaurants including Acadia, Niu B Sushi, Eleven City Diner, and so much more.

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