1335 W Taylor Street, Chicago, IL 60607 | MLS 12053387 | Listing Information | J.W. Reedy Realty

1335 W Taylor Street
Chicago, IL 60607

Mixed Use, Business Opportunities
Sq. Ft.
Acre Lot
Courtesy: Chicago Real Estate Resources
J.W. Reedy Realty> Illinois> Chicago> 60607
Turnkey new construction investment centrally located on the Taylor Street corridor between Illinois Medical District to the West and University of Illinois Chicago to the East. 2019 construction with a desirable unit-mix, modern in-unit amenities and luxury finishes including in-unit laundry, granite countertops, individual HVAC, private balconies, etc. The first floor is leased to a national tenant - Insomnia Cookies - on a new 10-year net lease providing stable, long-term cash flow with annual increases. Value-add potential with increases in rent to reflect recent rental comps in the area, finishing out the rooftop deck and monetizing the basement storage area. All three apartments are large 4BR/2BA units. Low expense ratio with Insomnia responsible for 50% of the property taxes and building insurance. Excellent area tenant base to draw from with UIC (34,000 undergrad and post graduate students - largest university in the Chicago Metro Area) and Illinois Medical District (29,000 employees, 50,000 daily visitors and $3.4 billion in economic opportunity - the largest medical district in North America).
Commercial - Mixed Use, Business Opportunities, 3+ Story
0.058 Acres
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

Courtesy: Chicago Real Estate Resources
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/20/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to [email protected].

This content last refreshed on 5/20/2024 1:32 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.