New Construction Corner Retail Space Available on Taylor Street

For Lease

1221 West Taylor Street, Chicago, IL 60607

You can currently find 1 retail space(s) available for lease at New Construction Corner Retail Space Available on Taylor Street. Designated use type for space listed here includes street retail. Current retail listings at this property total 5,000 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at New Construction Corner Retail Space Available on Taylor Street.

Space Available For Lease 1

Contacts

broker
Adam C. Thomas

SVN | Chicago Commercial

Property Details

  • 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).

Getting around

  • 95/100

    Walk Score ®

  • 74/100

    Transit Score ®

  • 95/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

1221 West Taylor Street Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at New Construction Corner Retail Space Available on Taylor Street asks $38.00/SF/YR per square foot.

  • The property includes 5,000 square feet of retail space for lease. Of this total, 5,000 square feet are Street Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Little Italy is 32. The average household income here is $93,160 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Adam C. Thomas

SVN | Chicago Commercial

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