SQUARE FEET8,200
MLS#12785615
STATUSActive
PROPERTY TYPECommercial - Retail
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.
Property Features
Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.17 Acres
Stories: 2.0
Year Built: 1945
Feature Descriptions
Current Use: Commercial
Electric: Service - 201 to 600 Amps
Fire Protection: Other
HVAC: Forced Air, Gas
Lot Dimensions: 75X100
Parcel#: 17092230140000
Listed By / Shown By
Listed By
Agency Name: Sperry Van Ness
Agency Phone: 312-676-1866
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
© 2026 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered marks of HomeServices of America, Inc. ®
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219 W Erie Street | MLS# 12785615
This commercial property located at 219 W Erie Street, Chicago, IL 60654 is currently listed for sale with an asking price of $2,500,000. Search Chicago real estate on www.bhhscrosby.com today.