Chicago, IL 60605,1301 S Wabash AVE
Chicago, IL 60605,1301 S Wabash AVE
Chicago, IL 60605,1301 S Wabash AVE
Chicago, IL 60605,1301 S Wabash AVE
Chicago, IL 60605,1301 S Wabash AVE
Chicago, IL 60605,1301 S Wabash AVE
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$2,650,000

$3,950,000

32.9%
Est.Price: ?

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Est. payment /mo

19,072 SqFt


SOLD DATE : 08/05/2024

Key Details

Sold Price $2,650,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 19,072 sqft

Price per Sqft $138

MLS Listing ID 11225213

Sold Date 08/05/24

Year Built 1930

Annual Tax Amount $23,610

Tax Year 2019

Lot Dimensions 55 BY 170.9

Property Sub-Type Mixed Use

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.

Location

State IL

County Cook

Area Chi - Near South Side

Interior

Cooling Central Air

Fireplace N

Exterior

Roof Type Rubber

Building

Level or Stories 2

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Midwest Real Estate Data (MRED) IDX
Listed by Edward Pohn • Coldwell Banker Realty
Bought with Diana Peterson • AW Properties Global/Auction Works
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1941 N Elston Ave, Chicago, IL, 60642, USA

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