1301 South Wabash Avenue

Chicago, IL 60605

$3,950,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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.
  1. Listed by Edward Pohn • Coldwell Banker Realty

Property Details for 1301 South Wabash Avenue

Area
CHI - Near South Side

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute
LISTING UPDATED: 04/10/2024 12:07 AM

Property Details for 1301 South Wabash Avenue

StatusActive
MLS #11225213
Days on Market956
Taxes$23,610 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1930
Lot Size0.22 AC / 9,390 SF
CountyCook County

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute

Building Information for 1301 South Wabash Avenue

Stories-Residences3Year Built1930Lot Size0.22 AC / 9,390 SF

Payment Calculator

$23,524 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,557

Property Taxes

$1,968

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1301 South Wabash Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
  • Open Parking Spaces: 3.0
Location and General Information
  • Geographic Locale: Chicago South
  • Information: Other-See Remarks
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • # Of Washers: 1
  • Heat/Ventilation: Forced Air
  • # Of Dryers: 1
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
Property/Lot Information
  • Tenant Pays: Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 55 BY 170.9
  • Lot Size Square Feet: 9390.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Fire Protection: Partially Sprinklered
  • Roof Structure: Flat
  • Building Area Total: 19072
  • # Of Offices: 3
  • Other SqFt: 19072
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 11
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $1,200.00
  • Fuel Expense: $1,200.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $8,000.00
  • Total Monthly Income: 0
  • Trash Expense: $.00
  • Water Sewer Expense: $3,000.00

Property History for 1301 South Wabash Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1301 South Wabash Avenue

Taxable ValueLand$73,648Additions$55,013Total$128,661
Tax Record2022$26,017 ($2,168 / month)
Home Facts
Baths8Total Finished SqFt19,072 SqFtAbove Grade Finished SqFt19,072 SqFtStories2Lot Size9,895 SqFtStyleMulti-Family Res (5+ Units)Year Built1937CountyCOOKAPN17-22-104-001

Schools near 1301 South Wabash Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
South Loop Elementary School
PublicPK to 8

Phillips Academy High School
Public9 to 12

Jones College Prep High School
Public9 to 12

Perspectives Charter High School
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1301 South Wabash Avenue is a mixed use property for sale in Chicago, IL 60605. This property was listed for sale on June 23, 2023 by Coldwell Banker Realty, it's currently listed at $3,950,000. This listing's school district is City Of Chicago School District 299. Nearby schools include South Loop Elementary School, Phillips Academy High School and Jones College Prep High School. 1301 South Wabash Avenue is a 0-bed, 0-bath, mixed use property built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.