$1,950,000
bedrooms
0
bathrooms
0
square feet
9,975
Acreage
-
Open Houses
-
year built
1910
Full Baths
0
Half Baths
0
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!
Location | |
Subdivision | - |
County | Cook |
Elementary School | - |
Middle School | - |
High School | - |
Exact location data not provided
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 12185504
Listing agent:
Wendy Kiang
#475134170
Listing broker:
Baird & Warner
(708) 354-7355
Copyright © 2025 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.
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Last update: Thursday, April 10 2025 at 7:33 a.m. EDT
Kotohomes National
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