Property Attributes
- MLS#11225213
- TypeCommercial
- CountyCOOK
- CityChicago
- AreaCHI - Near South Side
- Zip60605
- Style
- Year Built1930
- Taxes$ 23610
- Price$ 3,950,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage19072
- Lot Size9,390 SqFt
Data Source:
Midwest Real Estate Data (MRED)
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.
Price History | |
---|---|
9/21/2021 | Listed $5,000,000 |
3/28/2022 | 2% - $4,900,000 |
6/23/2023 | 7% - $4,600,000 |
11/14/2023 | 9% - $4,200,000 |
4/4/2024 | 6% - $3,950,000 |
General Features
Cooling | Central Air |
---|---|
Roof | Rubber |
Year Built | 1930 |
Electric | Circuit Breakers |
Tenant Pays | Varies by Tenant |
Stories | 2 |
Property SubType | Mixed Use |
Tax Year | 2019 |
County | Cook |
Insurance Expense | 8000 |
Property Type | Commercial Sale |
Status | Active |
Directions | Roosevelt East to Wabash South to property |
City | Chicago |
Total Units | 3 |
MLS Area | CHI - Near South Side |
Lot Size Square Feet | 9390 |
Street Name | Wabash |
Tax Annual Amount | 23610 |
Electric Expense | 1200 |
Fuel Expense | 1200 |
Water Sewer Expense | 3000 |
Additional Parcels Y/N | No |
Days on Market | 933 |
Standard Status | Active |
Property Type | Mixed Use |
Interior Features
Street Suffix | Avenue |
---|
Exterior Features
Building Area Total | 19072 |
---|---|
Lot Dimensions | 55 BY 170.9 |
Exterior | Brick |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool