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    1208 W Taylor St Chicago, IL 60607

    For Lease
    $30 SF/Yr

    Prime retail space with high exposure in Chicago's Little Italy.

    Property Features for 1208 W Taylor St

    General Information

    Standard status
    Active

    Building Details

    Year built
    2006

    Source: SPERRY VAN NESS Agent SCOTT MAESEL

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

    Overview

    Retail Space in Little Italy

    This highly sought-after second-generation retail space features interior glass-enclosed offices, an ADA-compliant bathroom, a kitchenette, and a break area. It offers excellent retail exposure with over 20 feet of retail frontage in the heart of Little Italy. The property is located across the street from a newly constructed 67-unit apartment building developed by Related Midwest. The subject property is part of Related Midwest's Roosevelt Square development, which will deliver over 2,000 units and approximately 45,000 square feet of retail space to the immediate area. Conveniently situated between the Illinois Medical District (IMD) and the University of Illinois at Chicago (UIC) campus, the property offers easy access to public transportation via the CTA's Blue and Pink "L" lines and sits along the CTA's 157 bus route.
    Location Intelligence

    Current Use by Public Records

    PEB Financial Services Financial Institution

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6575419
    Latitude
    41.8695751

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    FAQs

    What type of property is this?
    Retail space - Prime retail space with high exposure in Chicago's Little Italy.
    Where is this retail space located?
    The property is located at 1208 W Taylor St Chicago, IL.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Located in the heart of Little Italy with **excellent retail exposure** and over 20' of retail frontage.; - Part of Related Midwest's Roosevelt Square development, which will deliver +2,000 residential units and ~45,000 SF of retail space to the area.; - Conveniently located between the Illinois Medical District (IMD) and the University of Illinois at Chicago (UIC).
    (312) 676-1866
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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
    1208 W Taylor St Chicago, IL 60607
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