1335 W Taylor Street, Chicago, IL, 60607

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$2,599,000
226 Days On Site

1335 W Taylor Street
Chicago, IL 60607

For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths
7,540
SqFt
$345
/SqFt
2019
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Chicago Real Estate Resources

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1335 W Taylor Street1335 W Taylor Street1335 W Taylor Street1335 W Taylor Street
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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).

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Listing Snapshot
Price 
$2,599,000
Days On Site 
226 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,540 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2019
MLS® Number 
12053387
Status 
Active
Property Tax 
$30,053
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoStatus changed to Active
2 months agoPrice changed to $2,599,000
7 months agoListing first seen on site
General Features
Number Of Stories 
4
Property Sub Type 
Mixed Use
SqFt Total 
7540
Interior Features
Cooling 
Central Air
Electric 
Circuit Breakers
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Community Features
MLS Area 
CHI - Near West Side
Listing Courtesy of MRED as distributed by MLS Grid of Chicago Real Estate Resources



Based on information submitted to the MLS GRID as of 2024-10-30 12:00 AM UTC. 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.
Data last updated: 2024-10-30 12:00 AM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
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