Porto's | 1419 W Taylor St
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Porto's 1419 W Taylor St
3,531 SF Retail Building Chicago, IL 60607 $1,190,000 ($337/SF)
Investment Highlights
- Walking distance to UIC | Home to over 30,000 students and the largest university in the Chicago Metro area.
- Prominent Dining Destination | Many restaurants operating for multiple generations.
- 9 Minute Walk to CTA Pink Line Polk Station | 893,334 Annual Total Entries
- Steps to Illinois Medical District | The largest urban medical district in the country with 4 hospitals, 9,000 employees and 50,000 daily visitors.
- Excellent Visibility along Taylor Street in the heart of Little Italy
Executive Summary
Fully-fixtured restaurant located in the heart of Little Italy on Taylor Street! Two-story building for sale with all FF&E included. ADA-compliant with 18' hood, fridge and freezer walk-ins. Includes basement and private party room, plus a rooftop. Excellent visibility along Taylor Street, surrounded by restaurants, retail shops and steps to UIC and the Illinois Medical District. 2,450 SF 1st floor and 991 SF 2nd floor.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,531 SF
Building Class
B
Year Built/Renovated
1889/2017
Price
$1,190,000
Price Per SF
$337
Tenancy
Single
Building Height
2 Stories
Building FAR
1.16
Land Acres
0.07 AC
Zoning
B3-2
Frontage
30 FT on Taylor St
Amenities
- Signage
Walk Score ®
Walker's Paradise (93)
Transit Score ®
Excellent Transit (74)
Bike Score ®
Biker's Paradise (95)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 17-17-325-014-0000 | Total Assessment | $150,560 (2023) |
| Land Assessment | $24,075 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $126,485 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
17-17-325-014-0000
Land Assessment
$24,075 (2023)
Improvements Assessment
$126,485 (2023)
Total Assessment
$150,560 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
-
Jarrett Fradin -
Strauss Realty
(773) 736-3600
x15
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Porto's | 1419 W Taylor St
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