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    1137 W Taylor St Chicago, IL 60607

    For Lease
    $25 SF/Yr

    High-visibility commercial space in Chicago's Little Italy near UIC.

    Property Features for 1137 W Taylor St

    General Information

    Standard status
    Active

    Building Details

    Year built
    2004

    Source: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE Agent KASEY SALAMIE

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space on Taylor

    Located in the heart of Chicago's Little Italy, just two blocks from the University of Illinois Chicago (UIC) campus, the commercial space at 1137 W Taylor St offers an opportunity to establish a business in a dynamic and walkable neighborhood. This ground-floor retail space is positioned in a high-foot-traffic area, with a steady stream of UIC students, faculty, and neighborhood residents. The area is home to a mix of established businesses and new ventures, making it suitable for retail, service businesses, cafes, or boutique shops. It is located steps from UIC and directly behind St. Ignatius High School, across from Chase Bank and next to Jimmy John's. The location provides easy access for commuters and professionals. The previous tenant was highly successful and remained for 10 years, leaving only due to retirement. The space comes with 2 dedicated parking spaces. The layout is adaptable for various business types, and there are excellent signage opportunities. This space is suitable for a cafe, retail store, service-based business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Coating Holdings LTD Floor Refinishing Service Accurate Painting Service, ... Dry Wall Contractor Somae Nutritionist Sight 'n Sound Tobacco Shop Creative Exteriors Inc Window Installation Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6556549
    Latitude
    41.8692227

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    FAQs

    What type of property is this?
    Retail space - High-visibility commercial space in Chicago's Little Italy near UIC.
    Where is this retail space located?
    The property is located at 1137 W Taylor St Chicago, IL.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on Taylor Street, in the heart of Little Italy and near UIC, ensuring high visibility and foot traffic.; - Heavy pedestrian traffic from students, faculty, and residents, ideal for walk-in customers.; - Two dedicated parking spaces, a rare and valuable amenity in this area.
    (312) 254-0200
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1137 W Taylor St Chicago, IL 60607
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