x
Showing 1 of 0
X
Save

1233 S Wabash Avenue
Chicago IL 60605 US

$2,600,000

Active Listing ID 12185504
home icon
Other

$2,600,000

Active Listing ID 12185504
Save

1233 S Wabash Avenue Invest in the vibrant South Loop /Museum Campus area. Walk to Grant Park, Soldier field, Museums and the famous " Bean" sculpture in Millennium Park, boasting 5 million visitors a year. Incredible opportunity to acquire a historic bar/restaurant building with air rights. Located at the busy Wabash & Roosevelt intersection, with an L stop only a block away. This building has been the location of the local favorite "Wabash Tap" with the historically significance of formerly being the famous Blues singer Koko Taylor's blues club. The 4, 275 SF ground floor is a 2nd generation bar/restaurant with substantial infrastructure and equipment for a new operator. The upper two floors could be re-positioned as either apartments or office space. DX-7 zoning allows for a complete re-development of up to +/- 30, 000 buildable SF and is located in a Transit-Oriented Development (TOD) area allowing for reduced/limited parking. The site has potential for residential, mixed-use, hotel/hospitality, office, or retail/restaurant development. One of the busiest locations in Chicago, the property is one block from the Roosevelt CTA station, which boasts over 3.8 million riders annually. Offered for sale, The ground floor restaurant space is also available for lease . Owner would also consider leasing out the 2nd and 3rd floor at a reasonable lease rate.

Collapse all

Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 2600000
  • unparsedaddress: 1233 S Wabash Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60605
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 9975
  • livingareaunits: Square Feet
  • listagentfullname: Wendy Kiang
  • listagentemail: wendy.kiang@bairdwarner.com
  • listagentkey: 3yd-MREDIL-603201
  • listagentmlsid: 603201
  • listagentpreferredphone: 7082543521
  • listagentofficephone: 7084914155
  • listofficekey: 3yd-MREDIL-23610
  • listagentstatelicense: 475134170
  • listofficemlsid: 23610
  • disclaimer: Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1910
  • listingcontractdate: 2024-10-11
  • listagenturl: http://deanrouso.bairdwarner.com
  • countyorparish: Cook
  • parcelnumber: 17221010110000
  • numberofunitstotal: 1
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Baird & Warner", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"wendy.kiang@bairdwarner.com", "ListBrokerageCity":"LaGrange", "ListBrokerageCountry":"US", "ListBrokerageEmail":"dean.rouso@bairdwarner.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MLSNI/ff80808113307133011330b18ece001b/20080821100901334.jpg", "ListBrokerageName":"Baird & Warner", "ListBrokeragePhone":"(708) 354-7355", "ListBrokeragePostalCode":"60525", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"318 W Buington Ave", "ListBrokerageWebsiteUrl":"http://deanrouso.bairdwarner.com", "ListOfficeAddress1":"318 W. Burlington Avenue", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"223540", "ListOfficeCity":"La Grange", "ListOfficeCountry":"US", "ListOfficeEmail":"dean.rouso@bairdwarner.com", "ListOfficePostalCode":"60525", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Apts/Stores - Chicago, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12185504/?channel=rexren", "MLSModificationTimestamp":"2024-10-18T01:06:02Z", "Neighborhoods":[{"Description":null, "Name":"CHI - Near South Side"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":23667, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/11/2024 7:34:19 PM GMT
Source Updated Date: 11/23/2024 6:52:39 AM GMT

Courtesy of: Wendy Kiang, Baird & Warner, wendy.kiang@bairdwarner.com

Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.