219 W Erie Street, Chicago, IL 60654

Chicago
Local realty services provided by:Results Realty ERA Powered
219 W Erie Street,Chicago, IL 60654
$2,500,000
  • 0.17 Acres
  • Lots / Land
  • Active
Listed by: wayne caplan
Office: sperry van ness
MLS#:12785630
Source:MLSNI

Price summary

  • Price:$2,500,000

About this home

Positioned in the heart of River North, 219 W Erie Street offers a 7,500 SF land site with existing DX-5 zoning, allowing for an approximately 37,500 SF development without any zoning relief. Erie Street frontage and two adjoining alleys create three open sides, offering flexibility for building access, light, and air in a future design. The walkable location near dining, retail, employment, and transit supports potential multifamily or hospitality development with street-level retail, subject to a buyer's design and zoning review. The approximately 8,200 SF existing building is the current long- time home of Kozy Bike Shop and was once the home of "Walter Payton's America's Bar". It features a bow-truss roof and skylights that could anchor a distinctive restaurant, retail, gallery, or other adaptive reuse concept. The property sits in a Transit Oriented Development (TOD zone, allowing for substantially decreased or eliminated parking requirements for new residential...

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Home facts

  • Listing ID #:12785630
  • Updated:October 22, 2026 at 11:17 AM

Structure and exterior

  • Lot area:0.17 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,500,000
  • Tax amount:$119,529 (2025)
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