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Fully Fixtured Two-Level Restaurant
For Lease
$35 SF/Yr

1419 W Taylor Street, Chicago, IL 60607

Two-level, ADA-compliant restaurant includes an 18' hood, walk-in refrigeration, basement, and private party room.

Space SizeContact for details
Property Size3,531 SF
Days on Market459

Property Features for 1419 W Taylor Street

General Information

Standard status Active
Size 3,531 SF

Taxes and HOA fees

Annual Taxes $31,876

Building Details

Building Size 3,531 SF
Year Built 1889
Stories 2
Units 1
Listing Agency: Strauss Realty Ltd
Listed By: Moshe Weinberger · License #475183341
Source: Birdrealtysells
Added: May 15, 2025 Changed: Aug 8 Last Checked: Aug 15 at 12:18PM

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 Strauss Realty Ltd

Investment Insights

Based on property information with market context.

This fully fixtured, two-level restaurant is ADA-compliant and designed for efficient back-of-house operations. The space includes an 18' hood, fridge and freezer walk-ins, plus a basement and a private party room. Renovated in 2017, the layout supports day-to-day restaurant service while providing additional space for private gatherings.

Located on Taylor Street in the Little Italy/University Village area, the property benefits from strong retail surroundings with many long-running restaurants nearby. It is steps from busy UIC and the Illinois Medical District, with convenient access to I-90 and I-290.

The unit’s existing improvements include the primary cooking ventilation system and refrigerated walk-in storage, helping prospective operators plan around the current restaurant configuration.

Key Highlights

  • Fully fixtured, two‑level ADA‑compliant restaurant in a building built in 1889
  • 18' hood plus fridge and freezer walk‑in refrigeration
  • Includes basement and a private party room

Property Analytics

Current Use

George's Chicken & Shrimp Restaurant

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,321
Businesses Nearby
256k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 54% Groceries 27% Dining 14% Apparel 3%
Costco Gasoline Shops & Services
80,339 visits/mo 0.5 miles
Jewel-Osco Groceries
68,401 visits/mo 0.4 miles
Bank of America Shops & Services
14,934 visits/mo 0.3 miles
Mobil Shops & Services
10,436 visits/mo 0.2 miles
7-Eleven Shops & Services
10,381 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

$31.5 /SF/Yr
Avg Asking Price
$18–$58 /SF/Yr
Price Range
5,069 SF
Avg Space Size

This space is priced 11% above the average of $31.5 /SF/Yr.

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two-level, ADA-compliant restaurant includes an 18' hood, walk-in refrigeration, basement, and private party room.
Where is this conventional restaurant located?
The property is located at 1419 W Taylor Street 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 in a building built in 1889; 18' hood plus fridge and freezer walk‑in refrigeration; Includes basement and a private party room
More about this property
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