O'Neil Property Group

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$2,500,000
5 Days On Site

219 W Erie Street
Chicago, IL 60654

For Sale|Retail|Active
0
Beds
0
Total Baths
8,200
SqFt
$305
/SqFt
1945
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Sperry Van Ness
219 W Erie Street219 W Erie Street219 W Erie Street219 W Erie Street
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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.

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Listing Snapshot
PriceΒ 
$2,500,000
Days On SiteΒ 
5 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
8,200 sqft
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
N/A
Year BuiltΒ 
1945
MLS NumberΒ 
12785615
StatusΒ 
Active
Property TaxΒ 
$119,529
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
10 hours agoListing updated with changes from the MLS
10 hours agoStatus changed to Active
6 days agoListing first seen on site
General Features
Additional Property UseΒ 
Commercial
Property Sub TypeΒ 
Retail
SqFt TotalΒ 
8200
ZoningΒ 
MULTI
Interior Features
CoolingΒ 
Central Air
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Community Features
MLS AreaΒ 
CHI - Near North Side
Listing Courtesy of MRED as distributed by MLS Grid of Sperry Van Ness



Based on information submitted to the MLS GRID as of 2026-10-21 02:55 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-10-21 02:55 PM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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