2nd Generation Corner Restaurant Space Available

1230 W Taylor St, Chicago, IL 60607

  • For Lease $49.00/SF/YR
  • Property Type Retail - Restaurant
  • Property Size 2,616 SF
  • Lot Size 0.15 Acre
  • Additional Rent Contact for pricing
  • Date Updated Nov 15, 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 2nd generation fully built out corner restaurant space. Highly visible corner retail opportunity in the heart of Little Italy with an excellent exposure opportunity with prominent Taylor Street frontage and outdoor patio seating. The space is located across the street from 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 the 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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Attachments

Highlights

  • Incredibly sought-after 2nd generation restaurant space with in-place black iron and existing kitchen equipment.
  • Highly visible corner retail opportunity in the heart of Little Italy with approximately 70’ of retail frontage.
  • Located across the street from a newly constructed 67-unit apartment building developed by one of Chicago’s most prominent developers, Related Midwest.
  • The subject property is included within Related Midwest’s Roosevelt Square development, which will deliver +2,000 units to the immediate area and ~45,000 SF of retail space.
  • Conveniently located in between Illinois Medical District (IMD) and the 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, is 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 ®

    75/100 Excellent Transit
  • Bike Score ®

    95/100 Biker's Paradise
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Little Italy
  • Zip Code 60607
  • Market Chicago

Points of Interest

  • UIC-Halsted (Morgan Street)

    0.53 miles

  • UIC-Halsted (Peoria Street)

    0.60 miles

  • UIC-Halsted (Halsted Street)

    0.69 miles

  • Halsted Street

    0.84 miles

  • Clinton

    0.97 miles

  • Uber Tent

    1.10 miles

  • Morgan

    1.16 miles

  • Quincy

    1.41 miles

  • Harold Washington Library-State/Van Buren

    1.59 miles

  • Grand

    1.60 miles

  • Mobil

    0.45 miles

  • Shell

    0.51 miles

  • Blink ParkChip Garage - 1035 Van Buren

    0.56 miles

  • Electrify America

    0.56 miles

  • EVgo

    0.58 miles

  • BP

    0.68 miles

  • Costco Gasoline

    0.68 miles

  • Citgo

    0.73 miles

  • Blink

    0.74 miles

  • eVgo

    0.74 miles

  • UIC Lot 20

    0.20 miles

  • UIC Lot 1B

    0.30 miles

  • UIC Lot 3

    0.34 miles

  • UIC Lot 1A

    0.34 miles

  • Harrison Street Parking Structure

    0.40 miles

  • UIC Lot 11

    0.41 miles

  • UIC Lot 5

    0.44 miles

  • Lot K

    0.46 miles

  • Lot G

    0.47 miles

  • Lot F

    0.53 miles

  • Bar 10 Doors

    0.04 miles

  • Papa John's

    0.08 miles

  • Hana

    0.09 miles

  • ML Kitchen

    0.12 miles

  • Mochinut

    0.12 miles

  • Jimmy John's

    0.13 miles

  • IDOF - I Dream of Falafel

    0.14 miles

  • Sweet Maple Cafe

    0.14 miles

  • Busy Burger

    0.15 miles

  • Chez Joel Bistro

    0.16 miles

  • Target

    0.56 miles

  • Jewel-Osco

    0.59 miles

  • La Casa del Pueblo

    0.87 miles

  • H Mart

    0.89 miles

  • Wild Fork

    0.92 miles

  • The Maxwell

    0.93 miles

  • Burlington

    0.94 miles

  • Mariano's Fresh Market

    0.95 miles

  • Southgate Market

    1.00 miles

  • Marshalls

    1.00 miles

Frequently Asked Questions

How much does retail space at 1230 W Taylor St cost?

The asking price for retail space at 1230 W Taylor St is $49.00/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 1230 W Taylor St?

The property has 2,616 square feet of rentable Restaurant space. Rental opportunities here are available under Full Service lease terms.

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 1230 W Taylor St?

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 1230 W Taylor St. You can find 9 parking option(s) and 1 fuel station(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 1230 W Taylor St.

Is 1230 W Taylor St 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, South Loop, Lakeview.

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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