1500 Taylor St Chicago, IL 60607

This exceptional mixed-use property, located at 1500 W Taylor St in Chicago's vibrant Little Italy neighborhood (zip code 60607), presents a compelling redevelopment opportunity. The 15,000 square foot building sits on a 12,885 square foot lot and currently features four residential units and a former restaurant space, ready for a complete transformation. Zoned B3-2, the property allows for a wide range of business uses, making it ideal for a variety of ventures. The existing infrastructure, including a substantial kitchen and dining areas, presents a significant advantage for food service concepts, while the ample space also lends itself to retail, office, or additional residential development. Adding to its appeal, the property includes 20 on-site parking spaces, a rare commodity in this desirable location. Built in 1895, this corner lot offers a unique blend of historical charm and modern development potential. The asking price is $4,000,000, translating to $266.67 per square foot. This represents a significant investment opportunity in a highly sought-after area of Chicago. The property's prime location and versatile zoning make it an attractive proposition for discerning investors seeking a high-return project. This is a chance to acquire a piece of Chicago history and shape its future.