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Hotel-Adjacent Retail Space
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1431 W Taylor St, Chicago, IL 60607

Ground-floor retail space positioned within a new hotel development near major institutional, transit, and employment destinations.

Space Size10,341 SF
Days on Market47

Property Features for 1431 W Taylor St

General Information

Standard status Active
Size 10,341 SF
Net Rentable 10,341 SF
Class Unclassified
Property subtype retail

Space & Availability

Available Space 10,341 SF
Contiguous Space 10,341 SF
Listing Agency: Chicago
Listed By: Peter Caruso · License #475.144084
Source: Property.jll
Added: Jul 16 Changed: Aug 31 Last Checked: Aug 31 at 1:37AM

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 Chicago

Investment Insights

Based on property information with market context.

This retail space is located at the ground level of a newly developed hotel on Taylor Street. The property offers a commercial storefront setting within Chicago’s Little Italy neighborhood, an area described as experiencing residential growth.

UIC is 0.8 miles away, while the Illinois Medical District is 0.6 miles from the property. Both the Blue and Pink CTA lines are accessible on foot. The Central Business District is approximately 5 minutes away, and Fulton Market is approximately 6 minutes away.

Key Highlights

  • 10,341 SF available at the base of a new‑development hotel
  • Located 0.8 miles from UIC
  • Located 0.6 miles from the Illinois Medical District

Property Analytics

Current Use

Tous Les Jours Bakery The Neighborhood Hotel Little ... Hotel & Motel LAJS Limited Production Facility

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

Location Intelligence

Trade Area within ½ mile

7,321
Businesses Nearby
256k
Monthly Visits Nearby

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

$25.66 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,377 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor retail space positioned within a new hotel development near major institutional, transit, and employment destinations.
Where is this retail space located?
The property is located at 1431 W Taylor St Chicago, IL.
What are key features of this property?
This property features: 10,341 SF available at the base of a new‑development hotel; Located 0.8 miles from UIC; Located 0.6 miles from the Illinois Medical District
More about this property
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