1500 Taylor StChicago, IL 60607

Property Details for 1500 Taylor St

Year built

1893

Construction

FRAME

Lot size

0.12 AC

Property size (Sq ft)

14,169 SF

Property type

Residential income homes

Property subtype

Small apartment buildings

APN

17-17-316-048

APU

1717316048

Description

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.

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.8695

Longitude

-87.6643

CBSA code

16980

CBSA name

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

Property Tax & Assessments

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