1140 W Taylor Street Chicago, IL ^$ 1,425,000

1140 W Taylor Street

^$ 1,425,000

Back to search

1140 W Taylor Street

Chicago, IL, 60607

^$ 1,425,000

Studio Baths0.0 Sq 4,800

Monthly Estimate*

^$ 9,471

1140 W Taylor Street, Chicago, IL 60607 - Image 1

Studio

Commercial Property for sale in Chicago, IL

for $1,425,000. This 4,800 square foot building was built in 1901 on a lot size of 0.068871.

Excellent opportunity to lease a former restaurant space in the highly desirable Taylor St area. High foot traffic neighborhood. Close proximity to I94 expressway and minutes to downtown. All existing trade fixtures will stay. Black iron in place. Basement storage is included. Private parking in the rear. This property is also available for sale and the 2nd and 3rd floors having student tenants with excellent cash flow.

Commercial Active

Price

^$ 1,425,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 14,240

Style

Lot Size

0.068871

Year Built

1901

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12052999

Features

General

Cooling Central Individual

Construction Materials Brick

Year Built 1901

Electric Circuit Breakers

Tenant Pays Electricity Heat Janitorial Service Taxes Scavenger Sewer

Stories 3

Property SubType Restaurant

Tax Year 2022

County Cook

Net Operating Income 113324

Property Type Commercial Sale Retail/Stores

Status Active

Directions Halsted to Taylor; west to property

City Chicago

NumberOfUnitsTotal 1

MLS Area CHI - Near West Side

Lot Size Square Feet 3000

Street Name Taylor

Tax Annual Amount 14240

Additional Parcels Y/N N

Leasable Area 1600

Days on Market 7

Lease Type Net

Standard Status Active

Exterior

Building Area Total 4800

Lot Dimensions 25 X 120

Interior

Street Suffix Street

* Excluded Features

List By

Baird & Warner

Broker

mgalvanrealestate@gmail.com

Affordability Calculator

$10,658

Per Month

Monthly Principal & Interest: $9,471
Monthly Property Taxes: $1,187
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$842,007

Percent of Sale Price 41%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/10/2024	$1,425,000		Listed Price

Map

More homes like this one

homes for you

See all

1140 W Taylor Street, Chicago, IL, 60607 is a Commercial Property for sale at $1,425,000 with 4,800 sqft and a lot size of 0.068871. 1140 W Taylor Street is a studio with 0.0 baths and was built in 1901. The property's zip code is 60607 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 6/1/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

1140 W Taylor Street

Commercial Property for sale in Chicago, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home