Little Italy Corner Retail
For Lease
Contact for pricing
1221 W Taylor St, Chicago, IL 60607
Rare corner retail space in Chicago's Little Italy neighborhood.
Space Size2,000 SF
Property Size100,000 SF
Days on Market827
Property Features for 1221 W Taylor St
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Retail, Restaurant
Lease Type
NNN
Building Details
Building Size
100,000 SF
Year Built
2024
Tenancy
Multiple
Spaces For Lease
at 1221 W Taylor St Contact us- Size
- 2,000 SF
- Type
- Restaurant, Retail
- Lease Type
- NNN
- Availability
- Active
Suite 300
Listing Agency:
SVN | Chicago Commercial
(847) 219-6383
Listed By:
Scott Maesel · License #IL 471005379
Source:
Crexi
Added: May 21, 2024
Changed: Aug 22
Last Checked: Aug 23 at 11:28PM
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 SVN | Chicago Commercial
Investment Insights
Based on property information with market context.
This rarely available corner retail space is located in Little Italy. The approximately 5,000 square foot retail space, which is divisible, features ceiling heights of over 15 feet and frontage on Taylor Street. The space is located within a new construction 67-unit apartment building. The property is located between the Illinois Medical District (IMD) and the University of Illinois at Chicago (UIC) campus. The IMD is estimated to welcome approximately 80,000 people daily, including 30,000 employees and 50,000 patients, students, and visitors. UIC is home to approximately 33,000 students and over 6,000 employees. Little Italy blends old-world heritage with modern vibrancy. The neighborhood offers cobblestone streets and brownstones. Little Italy is known for its trattorias, gelaterias, and espresso bars. The community also has a thriving arts scene and hosts cultural festivals.
Key Highlights
- Prime corner retail space in Little Italy with high visibility on Taylor Street.
- Located in a new 67‑unit apartment building developed by Related Midwest.
- High ceilings (+15’) create a dramatic and spacious retail environment.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,701
Businesses Nearby
90k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 65%
Dining 28%
Hotels & Casinos 7%
Bank of America
Shops & Services
14,934 visits/mo
0.4 miles
Mobil
Shops & Services
10,436 visits/mo
0.4 miles
7-Eleven
Shops & Services
10,381 visits/mo
0.3 miles
Chase Bank
Shops & Services
10,372 visits/mo
0.2 miles
Chase Bank
Shops & Services
7,575 visits/mo
0.4 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
$25.66 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,377 SF
Avg Space Size
This space is priced 56% above the average of $25.66 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Rare corner retail space in Chicago's Little Italy neighborhood.
Where is this retail space located?
The property is located at 1221 W Taylor St Chicago, IL.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: Prime corner retail space in Little Italy with high visibility on Taylor Street.; Located in a new 67‑unit apartment building developed by Related Midwest.; High ceilings (+15’) create a dramatic and spacious retail environment.
