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USAILChicago1233 Wabash Ave
1233 Wabash Ave, Home with 0 bedrooms, 0 bathrooms and null parking in Chicago IL | Image 1
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$1,900,000

1233 Wabash Ave, Chicago, IL

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $23,667
Days Active 0
Approx. Age 1910
MLS® Number 12407752

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Incredible opportunity to own or redevelop a historic, value-add property at the high-traffic corner of Wabash & Roosevelt in Chicago's vibrant South Loop. Formerly home to the iconic Wabash Tap and Koko Taylor's Blues Club, this three-story building offers approx. Ground floor is a fully built-out, second-generation bar/restaurant space with existing infrastructure, ideal for a new operator or concept. The upper floors are currently configured as apartments and can be converted into additional residential units, creative offices, or short-term rentals. Zoned DX-7, the site allows potential for residential, mixed-use, hospitality, office, or retail development. Located in a Transit-Oriented Development (TOD) area, the property benefits from reduced parking requirements and is just one block from the Roosevelt CTA station, which serves more than 3.8 million riders annually. It is also within walking distance to Grant Park, the Museum Campus, Soldier Field, and surrounded by high-density housing, Columbia College, and major retail including Jewel-Osco and Trader Joe's across the street. The building is ideal for developers or investors seeking a rare infill site with historic character, existing income potential, and major redevelopment upside. Ground floor restaurant space is also available for lease at $30/SF NNN. Don't miss this rare chance to own a piece of South Loop history with future-forward potential.Show Description
MLS® Number12407752
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1910
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/CCentral Individual
Heating Fuel

Extras

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