Properties

Features
: Central Individual
Address Map
US
IL
Cook
Chicago
60605
Wabash
1233
Avenue
W88° 22' 27.9''
N41° 51' 59.6''
On Wabash, 1/2 block south of Roosevelt Road. On the East side of the street.
CHI - Near South Side
CHI - Near South Side
S
S
COMMR
Additional Information
9975
Circuit Breakers,Service - 101 to 200 Amps,Other
Circuit Breakers,Service - 101 to 200 Amps,Other
PER SURVEY
1
1
2600000
3
https://tours.vht.com/BWI/T434424064/nobranding
Baird & Warner
Wendy Kiang
Financial
23667
Listing Information
Kyle Capone
10274
Baird & Warner
603201
23610
MRED
Listing Information
875112
10274
Baird & Warner
Active
2025-04-10T08:00:04Z
2024-12-02T06:05:22Z
Property Description

This value-add historic bar/restaurant property at the high-traffic Wabash and Roosevelt intersection offers significant potential with air rights and DX-7 zoning. Formerly the “Wabash Tap” and Koko Taylor’s blues club, the 4,275 SF ground floor features a second-generation bar/restaurant space with substantial infrastructure for a new operator. The upper floors, already apartments can be converted into more apartments or office space. Zoned DX-7, the property allows for up to +/- 30,000 buildable SF, with potential for high-rise residential, mixed-use, hotel, office, or retail/restaurant development. Located in the vibrant South Loop/Museum Campus area, it’s within walking distance to Grant Park, Soldier Field, museums, and Millennium Park’s iconic “Bean.” The location is easily accessible, with an L stop one block away and grocery stores (Jewel-Osco, Trader Joe’s) across the street. Situated in a Transit-Oriented Development (TOD) area, it benefits from reduced parking requirements and is just one block from the Roosevelt CTA station, which serves 3.8 million riders annually. The property is available for sale, with ground floor and upper floors also available for your ideas to continue work on to rent out, immediately. The time is now!

Commercial Sale For Sale

1233 S Wabash Avenue, Chicago, Illinois 60605

$1,950,000
Listing ID#12185504
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Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12185504
Price : $1,950,000
Year Built : 1910
Listing Status : Active
Property Sub Type : Mixed Use
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