Restaurant Building with Retail
5431 S Wabash Ave Chicago, IL 60615
5431 S Wabash Ave, Chicago, IL, 60615
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For Sale
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Former restaurant space in an M1-2 zoned building, suitable for conversion to one- or two-unit retail use.
Property Size6,100 SF
Days on Market103
Property Features for 5431 S Wabash Ave
General Information
- Standard status
- Active
- Size
- 6,100 SF
- Property subtype
- Retail
Listing agency
Ethan Eliot Realty Group LLC
Listed by
Yvette Wilkins · License #IL 471011712
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 12:42PM Checked: Jul 22 at 7:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ethan Eliot Realty Group LLC
Investment Insights
Based on property information with market context.
This for-sale commercial property is a 6,100-square-foot building currently set up for restaurant use. The building’s prior restaurant concept was described as having housed the iconic Ms. Biscuit, and the current restaurant equipment is not included but may be negotiable.
The property is located right next to the new University of Chicago Fossil Lab, scheduled to open in 2023. It is also noted as being in an opportunity zone, with quick and easy access to the I-94 Dan Ryan Expressway.
Zoned M1-2, the building can be converted to a one- or two-unit retail setup, depending on the intended use and plan for the space.
The property is located right next to the new University of Chicago Fossil Lab, scheduled to open in 2023. It is also noted as being in an opportunity zone, with quick and easy access to the I-94 Dan Ryan Expressway.
Zoned M1-2, the building can be converted to a one- or two-unit retail setup, depending on the intended use and plan for the space.
Key Highlights
- 6,100 SF commercial building with former restaurant use and setup
- Property is in the Opportunity Zone and currently zoned M1‑2
- Can be converted to a one- or two‑unit retail use
Property Analytics
Location Intelligence
Current Use by Public Records
Ms. Biscuit
Catering Service
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Former restaurant space in an M1-2 zoned building, suitable for conversion to one- or two-unit retail use.
Where is this conventional restaurant located?
The property is located at 5431 S Wabash Ave Chicago, IL.
What are key features of this property?
This property features: 6,100 SF commercial building with former restaurant use and setup; Property is in the Opportunity Zone and currently zoned M1‑2; Can be converted to a one- or two‑unit retail use
