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    1419 W Taylor St Chicago, IL 60607

    For Lease
    $35 SF/Yr

    Two-level, ADA-compliant restaurant with great visibility on Taylor Street.

    Property Features for 1419 W Taylor St

    General Information

    Standard status
    Active

    Building Details

    Year built
    1889

    Source: STRAUSS REALTY LTD Agent MOSHE WEINBERGER

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

    Overview

    Fully Fixtured Restaurant in Little Italy

    This fully fixtured, two-level restaurant is located in the Little Italy/University Village neighborhood. The property is ADA-compliant and includes an 18' hood, fridge, and freezer walk-ins. It also features a basement and a private party room. The restaurant was renovated in 2017. Situated on Taylor Street, the property benefits from high visibility and is surrounded by established restaurants. It is located near the University of Illinois at Chicago (UIC) and the Illinois Medical District, with convenient access to I-90 and I-290. The intended use of the property is for restaurant purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    George's Chicken & Shrimp Seafood Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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

    Similar Places Nearby

    Purple Ribbon Chef, AM Events & Catering, JJ Catering & Events, Taylor's Tacos, ZBbq2U

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6624749
    Latitude
    41.8690887

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    FAQs

    What type of property is this?
    Restaurant - Two-level, ADA-compliant restaurant with great visibility on Taylor Street.
    Where is this restaurant located?
    The property is located at 1419 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: - Fully fixtured, two-level ADA-compliant restaurant ready for immediate operation.; - Prime location on highly visible Taylor Street in Little Italy/University Village.; - High-traffic area near UIC and Illinois Medical District.
    (773) 736-3600
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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
    1419 W Taylor St Chicago, IL 60607
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