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$2,500,000
New Listing

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
Call Now: 312-767-7744
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312-767-7744
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
Price 
$2,500,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,200 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1945
MLS® Number 
12785615
Status 
Active
Property Tax 
$119,529
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
16 hours agoListing updated with changes from the MLS®
16 hours agoListing first seen on site
General Features
Additional Property Use 
Commercial
Property Sub Type 
Retail
SqFt Total 
8200
Zoning 
MULTI
Interior Features
Cooling 
Central Air
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Community Features
MLS Area 
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 2026-10-16 01:35 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: 2026-10-16 01:35 PM UTC
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Neighborhood & Commute
Source: Walkscore
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