219 W Erie ST, Chicago, IL 60654
219 W Erie ST, Chicago, IL 60654
219 W Erie ST, Chicago, IL 60654
219 W Erie ST, Chicago, IL 60654
219 W Erie ST, Chicago, IL 60654
219 W Erie ST, Chicago, IL 60654
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Sara Latta-Young

Sara Latta-Young

+1(815) 685-5090
$ 2,500,000
Est. payment | /mo

7,405 Sqft Lot

Save
$ 2,500,000
Est. payment | /mo
Save

7,405 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12785630

Annual Tax Amount $119,529

Tax Year 2025

Lot Size 7,405 Sqft

Lot Dimensions 100X75

Property Sub-Type Land

Property Description

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 development. The DX-5 zoning also has a low Minimum Lot Area (MLA) of land required per unit of only 200 SF, which provides for substantial development flexibility.

Location

State IL

County Cook

Area Chi - Near North Side

Zoning MULTI

Interior

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available

Building

Dwelling Type Land

Sewer Public Sewer

Water Municipal Water

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Wayne Caplan of  Sperry Van Ness 

NEARBY PROPERTIES

Sara Latta-Young

+1(815) 685-5090

saralattayoung@gmail.com

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219 W Erie ST

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