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$35
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Property Description
South Loop's Restaurant Row Space is Rarely Available. An Extensive Compete Buildout Has Been Recently Completed (2020). This Space has Been a Restaurant for 20+ Years. An extremely Unique Space Offering Main Bar, Back Bar, Three Dining Areas/Rooms, Chef's Table Private Dining Room, Sidewalk Seating, A Large Basement. Professionally Designed Top-of-The Line Chefs Kitchen has Barley Been Used. New Hoods, Plumbing, Electrical and HVAC System Servicing the Space. New Overhead and Sidewalk Level Digital Programable Signage. 7000 SF Ground Level and 5000 SF in Basement. The building is One of the Most Historic Properties in the Area, rumored to be a Hotspot for Al Capone. AGENT OWNED.
Full Property Details
Full Property Details for 1312 S Wabash Ave
General
- Price: $35
- Taxes: $82,630 (2025)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12622417
- Updated: 5/5/2026
- Added to Site: 89 day(s) ago
Interior
- Interior Features: Common Meeting Room(s), Accessible Entrance, Accessible Washroom/s, Private Restroom(s), Furnished Units Available
- Flooring: Tile, Wood
Additional Information
- Security/Safety: Fire Extinguisher(s), Partially Sprinklered, Sprinklers (Wet)
Location
- Area: CHI - Near South Side
- County: Cook
- Township: South Chicago
- Driving Directions: Roosevelt (1200 South) to Wabash, 1 block west of Michigan, South to 1312
- Location Details: Central Business District, Public Transport Avail, Freestanding/Urban
Heating & Cooling
- Cooling Type: Central Air Conditioning, Exhaust Fan, Zoned
- Heating Type: Central Heat/Individual Controls, Forced Air, Gas, Dual System, Individual Furnaces
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Block
- Roof: Reflective Coating, Rubber
- Ceiling Height: 12
- Sub-Flooring: Tile, Wood
- Stories/Levels: 4
- Current Bldg. Use: Commercial
- Year Built: 1890
Unit Information
- # Tenants: 1
- Extra Storage Avail: Yes
Lot Features
- Lot Dimensions: 48 x 175
- Frontage: City Street
- Drainage: Floor Drains
- Zoning: MULTI
Financial Considerations
- Lease Price: $35
- For Sale/Rent/Lease: For Rent Only
- Operating Expenses: $99,999
- Security Deposit: Fire Extinguisher/s, Partially Sprinklered, Sprinklers-Wet
- Assessment Year: 1890
- Tax Amount: $82,630
- Tax Year: 2025
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Scavenger, Sewer
Listed by Thornton Properties of Chicago INC
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Schools
Schools serving 1312 S Wabash Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605 | PK-8 | 0.2 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1312 S Wabash Ave
Date
Details
Price
Change
Source
4/17/2026
Listed
$35
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1312 S Wabash Ave
1312 S Wabash Avenue, Chicago, IL 60605 (MLS# 12622417) is a Commercial Lease property. 1312 S Wabash Avenue is currently listed for $35 and was received on April 17, 2026. Want to learn more about 1312 S Wabash Avenue? Do you have questions about finding other Commercial Lease real estate for sale in Near South Side? You can browse all Near South Side real estate or contact a Coldwell Banker agent to request more information.

