1419 W Taylor St Chicago, IL 60607

Property Details for 1419 W Taylor St

Year built

1889

Lot size

0.07 lot acres

Property size

3,500 SF

Property type

Retail space

Property subtype

Storefront properties

APN

17-17-325-014

APU

1717325014

Description

This exceptional opportunity presents a fully-equipped, two-story restaurant ideally situated in Chicago's vibrant Little Italy neighborhood. Spanning 3,531 square feet on a 0.07-acre lot (APN 17-17-325-014-0000), this property boasts a prime location on W. Taylor Street, offering excellent visibility and high foot traffic. Built in 1889 and renovated in 2017, the building is zoned B3-2 and features an 18-foot hood, walk-in refrigerator and freezer, a basement, a private party room, and a rooftop. All furniture, fixtures, and equipment are included in the asking price of $1,190,000. The property's advantageous location benefits from a Walk Score of 94, proximity to the University of Illinois at Chicago (UIC) – home to over 30,000 students – and the Illinois Medical District, a major employment hub with 9,000 employees and 50,000 daily visitors. Its convenient access to public transportation, including the CTA Pink Line Polk Station (893,334 annual entries), and major expressways (I-90/94 & I-290) further enhances its appeal. The property is also just a short distance from downtown Chicago and a Chicago Public Library branch. This is a rare chance to acquire a thriving restaurant business in a highly desirable and established location. The gross lease structure simplifies operations. The single-tenancy setup provides complete control and operational flexibility.

Location Insight

City

Chicago

County

Cook

State

Illinois

Longitude

-87.6625

Latitude

41.8691

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments