Mixed-Use Building with
New
For Sale
$1,245,500
Pending
1517 W Taylor Street, Chicago, IL 60607
Two occupied three-bedroom apartments are located above a restaurant space with a commercial kitchen and dining area.
Property SizeContact for details
Days on Market3
Property Features for 1517 W Taylor Street
General Information
Standard status
Pending
Property subtype
Mixed Use
Occupancy
100%
Site & Location
Neighborhood
Little Italy
Units
Unit Mix
2 x 3BR
Multifamily Units
2
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Furnished
Yes
Business Included
Yes
Equipment Included
Yes
Taxes and HOA fees
Annual Taxes
$13,761
Amenities
25 X 105
Building Details
Year Built
1886
Buildings
1
Stories
3
Listing Agency:
(630) 401-6210
Listed By:
Andreia Filip
Source:
Generationhomepro
Added: Oct 31
Changed: Nov 1
Last Checked: Oct 31 at 2:29PM
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 Andreia Filip
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Investment Insights
Based on property information with market context.
At 1517 W Taylor Street, this mixed-use building combines a ground-floor restaurant with two three-bedroom apartments on the upper level. The apartments are occupied. The restaurant space includes a commercial kitchen, dining area, furnishings, and fixtures, and has operated in the building for 25 years. The structure dates to 1886.
The property is near a university and hospitals. The building and restaurant may be acquired together or as separate entities.
The property is near a university and hospitals. The building and restaurant may be acquired together or as separate entities.
Key Highlights
- Two occupied three‑bedroom apartments on the upper level
- Restaurant space includes a commercial kitchen, dining area, furnishings, and fixtures
- Restaurant has operated in the building for 25 years
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
8,766
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two occupied three-bedroom apartments are located above a restaurant space with a commercial kitchen and dining area.
Where is this mixed-use property located?
The property is located at 1517 W Taylor Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,245,500.
What are key features of this property?
This property features: Two occupied three‑bedroom apartments on the upper level; Restaurant space includes a commercial kitchen, dining area, furnishings, and fixtures; Restaurant has operated in the building for 25 years
