5431-33 South Wabash AvenueChicago, IL 60615Price: $850,000

  • Price: $850,000
  • 56 Days on Market
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Federal 30-year interest rate: 6.09% last updated on Feb 2, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 6,100Square Feet
  • 1918Year Built

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OPPORTUNITY TO AQUIRE A 6,100 SQUARE FOOT BUILDING RIGHT NEXT TO THE NEW UNIVERSITY OF CHICAGO FOSSIL LAB SCHEDULED TO OPEN 2023. THIS BUILDINGS CURRENT USE AND SET-UP IS A RESTURANT THAT FORMERLY HOUSED THE ICONIC, MS. BISCUIT. THIS PROPERTY IS IN THE OPPORTUNITY ZONE AND CURRENTLY ZONED M1-2. IT CAN BE CONVERTED TO A ONE OR TWO UNIT RETAIL UNIT. THERE'S A TON OF POSSIBLITIES. MAJOR NEW DEVELOPMENTS ARE UNDERWAY WITHIN 1 MILE OF THE PROPERTY. QUICK AND EASY ACCESS TO I-94 DAN RYAN EXPRESSWAY. THIS IS A RARE AND UNIQUE OPPURTUNITY TO OWN COMMERCIAL PROPERTY IN AN AREA THAT'S DESIGNATED FOR GREATNESS. THE RESTAURANT EQUIPMENT IS NOT INCLUDED BUT IS NEGOTIABLE.

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Listed by Yvette Wilkins of Ethan Eliot Realty Group LLC

Based on information submitted to MRED  as of February 7, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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