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$ 1,245,500
Est. payment /mo
New
1517 W Taylor ST Chicago, IL 60607
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12430957
Year Built 1886
Annual Tax Amount $13,761
Tax Year 2023
Lot Dimensions 25 X 105
Property Sub-Type Mixed Use
Property Description
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.
Location
State IL
County Cook
Area Chi - Near West Side
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Mixed Use
Level or Stories 3
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Listed by Yolanda Campuzano • GMC Realty LTD