1301 South Wabash Avenue

1301 South Wabash Avenue

Chicago, IL 60605

$3,950,000
Price
9,583 / 0.22
Lot Size / Acres

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
Township
South Chicago
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Heat/Fuel
Natural Gas
Zoning
OTHER

Location

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

Property Details for 1301 South Wabash Avenue

StatusActive
MLS #11225219
Days on Market956
Taxes$21,915 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.22 AC
CountyCook County

Location

Listing Courtesy of Coldwell Banker Realty
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Building Information for 1301 South Wabash Avenue

Lot Size0.22 AC

Payment Calculator

$23,383 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,557

Property Taxes

$1,826

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1301 South Wabash Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Location and General Information
  • Frontage Length: 54.82
  • Frontage Type: City Street
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: Yes
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Water to Site
Property/Lot Information
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 171.2 X 54.8
  • Approx Land Sq Footage: 9395
  • Buildings on Land: Yes
  • Waterfront: No
  • General Information: Commuter Train
  • North Coordinate: 0
  • South Coordinate: 1300
  • East Coordinate: 50
  • West Coordinate: 0
Property and Assessments
  • Possible Use: Condominium, Multi-Family
  • Public Document Count: 0
  • Photos Count: 11
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Commercial
  • Known Existing Liens: First Mortgage
  • Location: Corner
  • Rail Availability: None
  • Road Surface: Asphalt
  • Total Listed Lots Avail: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

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
South Loop Elementary School
Public - PK to 8
Phillips Academy High School
Public - 9 to 12
Jones College Prep High School
Public - 9 to 12
Perspectives Charter High School
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.

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More information about 1301 South Wabash Avenue, Chicago, IL 60605

1301 South Wabash Avenue is a 0.22 ac of land for sale in Chicago, IL 60605. This property was listed for sale on September 21, 2021 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, 0.22 ac of land on a 9,583 sq. ft. / 0.22 acres lot.

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.