1040 W Taylor Street, Chicago, IL 60607 - Photo 1

1/1

$46

Sold
Closed
Commercial Lease
Updated 3 days ago

1/1

Property Description

Welcome to the new space for your business. This building is a NEW CONSTRUCTION featuring 1250 Sq Ft. of office/retail/restaurant space that is a blank canvas ready for your ideas and creativity!! Unlock the potential of this premium commercial opportunity in the desirable Little Italy neighborhood. This versatile commercial space is ideally suited for businesses looking to establish or expand their presence in a high-visibility, high-traffic location on Taylor St. This unit features NEW CENTRAL AIR & HEATING, NEW TANKLESS HOT WATER SYSTEM, SPRINKLER SYSTEM. Unit also includes exclusive use of 750 Sq Ft. of basement space for prep and storage. 2 parking spaces in the rear.

Full Property Details

Full Property Details for 1040 W Taylor St

General

Sold For: $46
Taxes: $2,477 (2023)
Status: Closed
Type: Commercial Lease
Source: MRED
MLS ID: 12345806
Added to Site: 261 day(s) ago

Additional Information

Security/Safety: Sprinklers, Carbon Monoxide Detector(s)

Location

Area: CHI - Near West Side
County: Cook
Driving Directions: *I-290 E to W Taylor St in Chicago. Take the I-90 E/I-94 E/Dan Ryan Expwy exit from I-290 E *Take the I-90 E/I-94 E/Dan Ryan Expwy exit toward I-90/I-94/Kennedy Expw/Wisconsin/Indiana *Keep right to continue on Exit 29B, follow signs for Taylor St/Roosevelt Rd *Turn right onto W Taylor St. - Property will be on the right

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Forced Air

Structural Information

Construction: Brick
Exterior Const.: Brick
Stories/Levels: 3
Year Built: 2024

Unit Information

Extra Storage Avail: Yes

Lot Features

Lot Size (Sq. Ft.): 2,600
Frontage: City Street

Green Features

Energy Efficient: Water Heater

Financial Considerations

Lease Price: $48
For Sale/Rent/Lease: For Rent Only
Security Deposit: Sprinklers, Carbon Monoxide Detector(s)
Assessment Year: 2024
Tax Amount: $2,477
Tax Year: 2023
Tenant Pays: Electricity, Heat, Taxes, All Utilities

Listed by Citypoint Illinois LLC
Sold by Sky High Real Estate Inc.

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— 1040 W Taylor St —

Citypoint Illinois LLC

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Schools

Schools serving 1040 W Taylor St

School District:Chicago Public School District 299

Name	Grades	Distance
Smyth J Elementary School 1059 West 13th Street, Chicago, IL 60608	K-8	0.3 mi
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622	9-11	2.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1040 W Taylor St

Date

Details

Price

Change

Source

1/01/2026

Sold

$46

-4.17%

MLS

4/28/2025

Listed

$48

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1040 W Taylor Street, Chicago, IL 60607 (MLS# 12345806) is a Commercial Lease property that was sold at $46 on January 01, 2026. Want to learn more about 1040 W Taylor Street? Do you have questions about finding other Commercial Lease real estate for sale in Near West Side? You can browse all Near West Side real estate or contact a Coldwell Banker agent to request more information.

1040 W Taylor St Chicago, IL 60607