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1500 W Taylor St
3,630 - 8,777 SF of Retail Space Available in Chicago, IL 60607
Highlights
- Previous Tenant: Rosebud on Taylor (Restaurant)
- Available within 30 days
- Total 8,777 SF = 5,147 SF (1st) + 3,630 SF (2nd)
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 5,147 SF | 12’ | 5-10 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | |
| 2nd Floor | 3,630 SF | 12’ | 5-10 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Goldstreet Partners presents the opportunity to lease the ground floor restaurant space at 1500-1510 W Taylor Street, a turnkey restaurant space situated in Chicago’s Little Italy neighborhood. The property is currently used for private events and can be made available within 30 days from lease execution. With B3-2 zoning (Community Shopping District), the property caters to a diverse range of business activities. The two-story restaurant space is ideal for a food service business looking to capitalize on existing kitchen infrastructure, bar, dining room, private events, and outdoor seating with parking.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 8,777 SF of adjacent space
- Central Air Conditioning
- Finished Ceilings: 12’
- Previous Tenant: Rosebud on Taylor (Restaurant)
- Total 8,777 SF = 5,147 SF (1st) + 3,630 SF (2nd)
- Available within 30 days
2nd Floor
Goldstreet Partners presents the opportunity to lease the ground floor restaurant space at 1500-1510 W Taylor Street, a turnkey restaurant space situated in Chicago’s Little Italy neighborhood. The property is currently used for private events and can be made available within 30 days from lease execution. With B3-2 zoning (Community Shopping District), the property caters to a diverse range of business activities. The two-story restaurant space is ideal for a food service business looking to capitalize on existing kitchen infrastructure, bar, dining room, private events, and outdoor seating with parking.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 8,777 SF of adjacent space
- Central Air Conditioning
- Finished Ceilings: 12’
- Previous Tenant: Rosebud on Taylor (Restaurant)
- Total 8,777 SF = 5,147 SF (1st) + 3,630 SF (2nd)
- Available within 30 days
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 1500 W Taylor St , Chicago, IL 60607
| Property Type | Retail | Year Built | 1894 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 2/1,000 SF |
| Gross Leasable Area | 9,980 SF | Cross Streets | S Laflin St. |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 9,980 SF |
| Year Built | 1894 |
| Parking Ratio | 2/1,000 SF |
| Cross Streets | S Laflin St. |
About the Property
Goldstreet Partners presents the opportunity to lease the ground floor restaurant space at 1500-1510 W Taylor Street, a turnkey restaurant space situated in Chicago’s Little Italy neighborhood. The property is currently used for private events and can be made available within 30 days from lease execution. With B3-2 zoning (Community Shopping District), the property caters to a diverse range of business activities. The two-story restaurant space is ideal for a food service business looking to capitalize on existing kitchen infrastructure, bar, dining room, private events, and outdoor seating with parking.
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1500 W Taylor St
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