Former Restaurant Space on
For Lease
$35 SF/Yr
1140 W Taylor St, Chicago, IL 60607
Restaurant space in high-traffic area near University of Illinois Chicago.
Space SizeContact for details
Days on Market219
Property Features for 1140 W Taylor St
General Information
Standard status
Active
Listing Agency:
Century 21 Realty Associates
(773) 895-2943
Listed By:
Ivan Man · License #475145659
(773) 895-2943
Source:
Exprealty
Added: Jan 3
Changed: Jul 6
Last Checked: Aug 9 at 10:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Realty Associates
Investment Insights
Based on property information with market context.
This is a prime opportunity to lease a former restaurant space situated in the Taylor Street area. The location benefits from high foot traffic due to its proximity to the University of Illinois Chicago, the Illinois Medical District, and surrounding residential areas. The property offers convenient access to I-94 and is located minutes from downtown. The space is equipped with existing trade fixtures, including black iron. Additional features include basement storage and private parking in the rear. The property is suitable for a retail or restaurant business. The location is near dining destinations frequented by the UIC community, including Pompei, Tuscany on Taylor, Sweet Maple Cafe, Mario's Italian Lemonade, Starbucks, ML Kitchen, Kimura Sushi, Thai Bowl, and Mochinut.
Key Highlights
- High foot traffic location in the Taylor St. area, near UIC and the Illinois Medical District.
- Fully equipped former restaurant space with existing trade fixtures and black iron.
- Convenient access to I‑94 and proximity to downtown.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,878
Businesses Nearby
51k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 50%
7-Eleven
Shops & Services
10,381 visits/mo
0.5 miles
Chase Bank
Shops & Services
10,372 visits/mo
0.1 miles
Al's Italian Beef
Dining
7,047 visits/mo
0.1 miles
Potbelly Sandwich Shop
Dining
5,569 visits/mo
0.4 miles
The UPS Store
Shops & Services
4,768 visits/mo
0.1 miles
Demographics for 60607, IL
31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$28.62 /SF/Yr
Avg Asking Price
$9–$65 /SF/Yr
Price Range
12,090 SF
Avg Space Size
This space is priced 22% above the average of $28.62 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Similar Off Market Nearby
- Purple Ribbon Chef — W Hastings St, Chicago, IL 60608
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- AM Events & Catering — 1655 S Blue Island Ave, Chicago, IL 60608
- Chef Blue's Menu — 1638 s ruble st, chicago, il 60616
- Taylor's Tacos — 1512 W Taylor St, Chicago, IL 60607
Frequently Asked Questions
What type of property is this?
Restaurant - Restaurant space in high-traffic area near University of Illinois Chicago.
Where is this restaurant located?
The property is located at 1140 W Taylor St Chicago, IL.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: High foot traffic location in the Taylor St. area, near UIC and the Illinois Medical District.; Fully equipped former restaurant space with existing trade fixtures and black iron.; Convenient access to I‑94 and proximity to downtown.
