New Construction Corner Retail Space Available on Taylor Street

1221 West Taylor Street, Chicago, IL 60607

  • For Lease $38.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 100,000 SF
  • Lot Size 0.77 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 2024
  • Date Updated Dec 11, 2024
Nestled in the heart of Chicago, Little Italy exudes a timeless charm that seamlessly blends old-world heritage with modern vibrancy. This iconic neighborhood, steeped in Italian-American culture and history, offers a unique tapestry of cobblestone streets, charming brownstones, and bustling piazzas. Renowned for its authentic trattorias, gelaterias, and espresso bars, Little Italy is a culinary haven where residents and visitors alike can savor the rich flavors of Italy without leaving the city limits. Beyond its gastronomic delights, this dynamic community also boasts a thriving arts scene, with galleries showcasing local talent, and cultural festivals that celebrate the neighborhood’s heritage. From its quaint storefronts to its lively street festivals, Little Italy captivates with its warmth and authenticity. With its proximity to downtown Chicago and convenient access to public transportation, this neighborhood offers an unparalleled urban living experience. Whether strolling through Arrigo Park, indulging in a plate of homemade pasta, or exploring the historic landmarks that dot the area, Little Italy beckons those seeking a vibrant neighborhood steeped in tradition and brimming with character. For businesses looking to be part of a vibrant community with a rich cultural heritage, Little Italy offers a prime location that embodies the spirit of Chicago’s diverse and dynamic urban landscape.Rarely available corner retail space located in Little Italy. The ~5,000 SF (divisible) retail space features dramatic +15’ ceiling heights and an excellent exposure opportunity with prominent Taylor Street frontage. The space is located within a new construction 67-unit apartment building developed by one of Chicago’s most prominent developers, Related Midwest. The property is conveniently located in between Illinois Medical District (IMD) and University of Illinois at Chicago (UIC) campus. IMD is estimated to welcome ~80,000 people on a daily basis: 30,000 employees and 50,000 patients, students and visitors. UIC, home to ~33,000 students (graduate and undergraduate) and +6,000 employees.
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Highlights

  • Rarely available corner retail space located in Little Italy.
  • Maximum exposure opportunity with prominent Taylor Street frontage and space depths of only ~58’.
  • ~5,000 SF (divisible) of available retail space with dramatic +15’ ceiling heights.
  • Excellent co-tenancy opportunity with Fresh Stop Produce & Deli occupying the retail’s adjacent 5,000 SF space.
  • Located within a newly constructed 67-unit apartment building developed by one of Chicago’s most prominent developers, Related Midwest.
  • The 1002 South Racine Avenue development is another installment of Related Midwest’s Roosevelt Square development, which will in total deliver +2,000 units to the immediate area and ~45,000 SF of retail space.
  • Conveniently located in between Illinois Medical District (IMD) and University of Illinois at Chicago (UIC) campus.
  • IMD is estimated to welcome ~80,000 people on a daily basis: 30,000 employees and 50,000 patients, students and visitors. UIC, home to ~33,000 students (graduate and undergraduate) and +6,000 employees.
  • Easily accessible to public transportation via the CTA’s Blue and Pink “L” lines. The property also sits along the CTA’s 157 bus route (Streeterville/Taylor).

Spaces Available

Contacts

broker
Adam C. Thomas

SVN | Chicago Commercial

Location

Getting Around

  • Walk Score ®

    95/100 Walker's Paradise

  • Transit Score ®

    74/100 Excellent Transit

  • Bike Score ®

    95/100 Biker's Paradise
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  • City Chicago, IL
  • Neighborhood Little Italy
  • Zip Code 60607
  • Market Chicago

Points of Interest

  • UIC-Halsted (Morgan Street)

    0.51 miles

  • UIC-Halsted (Peoria Street)

    0.58 miles

  • UIC-Halsted (Halsted Street)

    0.66 miles

  • Halsted Street

    0.80 miles

  • Clinton

    0.93 miles

  • Uber Tent

    1.14 miles

  • Morgan

    1.16 miles

  • Quincy

    1.37 miles

  • Harold Washington Library-State/Van Buren

    1.54 miles

  • Grand

    1.60 miles

  • Mobil

    0.49 miles

  • Shell

    0.52 miles

  • Blink ParkChip Garage - 1035 Van Buren

    0.55 miles

  • Electrify America

    0.57 miles

  • EVgo

    0.61 miles

  • Citgo

    0.67 miles

  • Blink

    0.68 miles

  • eVgo

    0.69 miles

  • Costco Gasoline

    0.71 miles

  • BP

    0.73 miles

  • UIC Lot 20

    0.15 miles

  • UIC Lot 3

    0.29 miles

  • UIC Lot 1B

    0.30 miles

  • UIC Lot 1A

    0.33 miles

  • UIC Lot 5

    0.39 miles

  • Harrison Street Parking Structure

    0.39 miles

  • UIC Lot 11

    0.40 miles

  • Lot K

    0.52 miles

  • Lot G

    0.52 miles

  • UIC Lot 6

    0.57 miles

  • Papa John's

    0.03 miles

  • Mochinut

    0.07 miles

  • ML Kitchen

    0.07 miles

  • Jimmy John's

    0.07 miles

  • IDOF - I Dream of Falafel

    0.09 miles

  • Bar 10 Doors

    0.09 miles

  • Chez Joel Bistro

    0.10 miles

  • Busy Burger

    0.10 miles

  • Jarabe

    0.13 miles

  • Hana

    0.14 miles

  • Target

    0.56 miles

  • Jewel-Osco

    0.63 miles

  • H Mart

    0.85 miles

  • La Casa del Pueblo

    0.87 miles

  • The Maxwell

    0.88 miles

  • Burlington

    0.88 miles

  • Wild Fork

    0.90 miles

  • Mariano's Fresh Market

    0.93 miles

  • Southgate Market

    0.94 miles

  • Marshalls

    0.94 miles

Frequently Asked Questions

How much does retail space at 1221 West Taylor Street cost?

The asking price for retail space at 1221 West Taylor Street is $38.00/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 1221 West Taylor Street?

The property has 5,000 square feet of rentable Street Retail space. Rental opportunities here are available under NNN lease terms.

The building accommodates a Multi-Tenant lease setup. Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 1221 West Taylor Street?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 1221 West Taylor Street. You can find 7 parking option(s) and 1 fuel station(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

No, there are no spaces zoned for retail activities within a 0.5-mile radius around 1221 West Taylor Street.

Is 1221 West Taylor Street located in a popular area for retail businesses?

The property is part of Little Italy.

Other popular areas for retail businesses in Chicago include Chicago Loop, Lakeview, South Loop.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Adam C. Thomas

SVN | Chicago Commercial

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