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    Property profile & analytics
    FOR SALE
    Retail space

    1419 W Taylor St, Chicago, IL 60607

    3,500 SF 0.07 ac lot Built 1889
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US28-2450405
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group STORE, RETAIL OUTLET
    Year built 1889
    Total area 3,500 SF
    Lot 0.07 ac (3,210 SF)
    APN 17-17-325-014
    UPID US28-2450405
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • George's Chicken & Shrimp Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Kuber Properties LLC · 7 yrs held
    Kuber Properties LLC
    since 2019
    7 recorded transactions
    2019
    $1.3M
    2018
    2016
    2016
    2008
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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