1221 West Taylor Street, Chicago, IL 60607

Spaces For Lease

at 1221 West Taylor Street Contact us

Listing office SVN | Chicago - Corporate a***@svn.com Show Phone

Listing date Jan 27, 2026

Source Svnchicago

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Overview

Located in Little Italy, this corner retail space offers approximately 5,000 square feet, divisible for flexible layouts. The space features ceiling heights exceeding 15 feet and prominent frontage on Taylor Street, providing excellent exposure. It is situated within a newly constructed 67-unit apartment building developed by Related Midwest, as part of the Roosevelt Square development, which will deliver over 2,000 units and approximately 45,000 square feet of retail space to the area. The property is positioned between the Illinois Medical District (IMD) and the University of Illinois at Chicago (UIC) campus. IMD sees an estimated 80,000 people daily, including 30,000 employees and 50,000 patients, students, and visitors. UIC has approximately 33,000 students and over 6,000 employees. The space offers an excellent co-tenancy opportunity with Fresh Stop Produce & Deli, which occupies an adjacent 5,000 square foot space. Public transportation is readily accessible via the CTA's Blue and Pink 'L' lines, and the property is located along the CTA's 157 bus route. Little Italy provides a blend of old-world heritage and modern vibrancy, known for its trattorias, gelaterias, and cultural festivals.

Suggested Use

Carpet & Flooring Store Adult Day Care (Bike/Boat/Book/etc) Store Restaurant Clothing & Fashion Store Auto Parts Store Restaurant Restaurant Bed & Breakfast Fish Market

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

Location Insight

• Map
• Local Demand

City

Chicago

County

Cook

State

Illinois

Longitude

-87.6586

Latitude

41.8693

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FAQs

What type of property is this?

Retail space - Divisible retail space in new construction near Illinois Medical District.

Where is this retail space located?

The property is located at 1221 West Taylor Street Chicago, IL.

What is the lease rate?

The lease rate is $40 SF/Yr.

What are key features of this property?

This property features: High‑traffic location between Illinois Medical District (IMD) and University of Illinois at Chicago (UIC), with a combined daily population of over 119,000 people.; Located in a new construction 67‑unit apartment building developed by Related Midwest.; **Rarely available corner retail space in Little Italy with excellent exposure on Taylor Street.**