O'Neil Property Group

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$2,500,000
4 Days On Site

219 W Erie Street
Chicago, IL 60654

For Sale|Land|Active
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 
4 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
N/A
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
0.17 Acres
Year BuiltΒ 
N/A
MLS NumberΒ 
12785630
StatusΒ 
Active
Property TaxΒ 
$119,529
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS
4 days agoListing first seen on site
General Features
AcresΒ 
0.17
Additional Property UseΒ 
Commercial
SewerΒ 
Public Sewer
UtilitiesΒ 
Natural Gas Available
ZoningΒ 
MULTI
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Exterior Features
FrontageΒ 
75
Community Features
MLS AreaΒ 
CHI - Near North Side
School DistrictΒ 
299
TownshipΒ 
North Chicago
RoadsΒ 
Asphalt
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Sperry Van Ness



Based on information submitted to the MLS GRID as of 2026-10-20 06:04 AM 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: 2026-10-20 06:04 AM 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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