1517 W Taylor Street Chicago, IL $ 1,245,500
1517 W Taylor Street
$ 1,245,500
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1517 W Taylor Street

Chicago, IL, 60607
$ 1,245,500
Bedrooms-- Baths--

Monthly Estimate*

$ 7,770

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Commercial Property for sale in Chicago, IL

for $1,245,500. This building was built in 1886 on a lot size of 0.060262.

Exceptional Mixed-Use Property with Established Restaurant & Apartments for Sale. Prime Opportunity on Busy Taylor Street near University and Hospitals. Discover an outstanding investment and business opportunity with this mixed-use property, ideally located on bustling Taylor Street just steps from major university and hospitals. Fully Occupied Residential Apartments Upstairs. The upper level features two well-maintained 3-bedroom apartments, both fully occupied and generating steady rental income. Each apartment offers comfortable living spaces, making this property a smart choice for investors seeking consistent returns alongside a vibrant business. Turnkey Restaurant-A Proven Success Story. For 25 years, the lower level of this building has been home to a thriving, prime restaurant, renowned for its loyal clientele and exceptional location. The sale includes all restaurant furnishings and fixtures, a fully equipped commercial kitchen, and a spacious dining area-providing an aspiring restaurateur with a true turnkey operation. Whether you dream of owning your own celebrated eatery or wish to expand your portfolio, this restaurant is ready for your vision from day one. This property is available either as a combined package-restaurant and building-or as separate entities, giving buyers the flexibility to tailor their investment to their goals. Contact us today for a private showing or more information. Your next great opportunity awaits! Listing price is only for building, restaurant price call for information.

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Commercial Active

Price

$ 1,245,500

Property Type

Commercial

Taxes

$ 13,761

Style

Lot Size

0.060262

Year Built

1886

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12430957

Features
General
Cooling Central Air
Year Built 1886
Electric Circuit Breakers
Stories Count 3
Property Subtype Mixed Use
Tax Year 2023
Gross Income 10000
County Cook
Insurance Expense 375
Property Type Commercial Sale Mixed Use
Status Active
Directions East of Ashland West of Loomis North of Roosevelt Rd.
City Chicago
Number Of Units Total 3
MLS Area CHI - Near West Side
Lot Size Square Feet 2625
Tax Annual Amount 13761
Electric Expense 1100
Fuel Expense 900
Trash Expense 0
Water Sewer Expense 186
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 25 X 105
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* Excluded Features
List By
Gmc Realty Ltd

Broker

yolandac@gmcrealtor.com

Email

Affordability Calculator

$8,917
Per Month
87%
13%
0%
Monthly Principal & Interest
$7,770
Monthly Property Taxes
$1,147
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/31/2025$1,245,500 Listed Price

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1517 W Taylor Street, Chicago, IL, 60607 is a Commercial Property for sale at $1,245,500 with a lot size of 0.060262. 1517 W Taylor Street was built in 1886. The property's zip code is 60607 which is in Chicago, IL