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$2,150,000 -$50,000 (-2.27%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 7,200 Sq. Ft.
  • Updated 6 hours ago
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Located in the heart of Chicago's historic Little Italy neighborhood, this fully gut-renovated mixed-use property presents an exceptional investment opportunity on one of the best blocks of Taylor Street. Completed in 2020, the building features four expansive residential units-each offering four bedrooms and outfitted with high-end, luxury finishes. Residents enjoy gourmet kitchens with quartz countertops and stainless steel appliances, spa-inspired bathrooms, in-unit laundry, and generous living spaces. Large private balconies and a rooftop deck provide ideal outdoor amenities, enhancing tenant appeal and rental value. The ground floor houses a commercial space that is leased to a thriving cafe on a 10-year lease, delivering stable, long-term income. Just minutes from UIC, this turnkey asset offers a rare combination of location, quality, and dependable cash flow in one of Chicago's most vibrant and high-demand neighborhoods.

Full Property Details for 1411 W Taylor St

General

  • Price: $2,150,000
  • Taxes: $16,419 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12355340
  • Updated: 3/3/2026
  • Added to Site: 216 day(s) ago

Additional Information

  • Security/Safety: Fire Extinguisher(s), Carbon Monoxide Detector(s)

Location

  • Area: CHI - Near West Side
  • County: Cook
  • Township: West Chicago
  • Driving Directions: ASHLAND SOUTH TO TAYLOR EAST TO PROPERTY
  • Location Details: Downtown Chicago, Central Business District

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Gas

Structural Information

  • Construction: Brick, Wood, Frame
  • Exterior Const.: Brick, Wood, Frame
  • Foundation: Stone
  • Stories/Levels: 3
  • Square Feet: 7,200
  • # of Stores: 1
  • Year Built: 1907
  • Built Before 1978: Yes

Unit Information

  • Units w/Refrigerators: 4
  • Units w/Range/Oven: 4
  • # Dryers: 4

Lot Features

  • Lot Size (Sq. Ft.): 3,201
  • Lot Dimensions: 107 BY 30
  • Frontage: City Street
  • Zoning: MULTI

Financial Considerations

  • Insurance Fee: $6,242
  • Operating Expenses: $50,011
  • Other Fee: $25,755
  • Security Deposit: Fire Extinguisher/s, Carbon Monoxide Detector(s)
  • Assessment Year: 1907
  • Tax Amount: $16,419
  • Tax Year: 2023
  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat
  • Pays Electric: 395

Disclosures and Reports

  • Property ID: 17173250170000

Listed by Star Realty & Management

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— 1411 W Taylor St —

  • Star Realty & Management

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NMLS#: 1598647

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NMLS#: 1598647

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with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1411 W Taylor St

School District:Chicago Public School District 299
NameGradesDistance
Smyth J Elementary School
1059 West 13th Street, Chicago, IL 60608
K-80.5 mi
Wells Community Academy High School
936 North Ashland Avenue, Chicago, IL 60622
9-112.1 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 1411 W Taylor St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/25/2026
Price Reduced
$2,150,000
-2.27%
MLS
10/06/2025
Price Reduced
$2,200,000
-1.12%
MLS
9/21/2025
Price Reduced
$2,225,000
-1.11%
MLS
7/30/2025
Listed
$2,250,000
181.25%
MLS
9/20/2018
Sold
$800,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1411 W Taylor St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$16,419
-14%
$77,553
-17%
2022
$19,193
2%
$92,999
—
2021
$18,763
52%
$92,999
68%
2020
$12,343
—
$55,223
-11%
2018
$12,296
-2%
$62,049
—
2019
$12,508
-13%
$62,049
-7%
2017
$14,418
8%
$66,745
—
2016
$13,368
153%
$66,745
—
2015
$5,277
1%
$66,745
28%
2014
$5,232
—
$51,983
—
2013
$5,250
7%
$51,983
—
2012
$4,915
—
$51,983
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1411 W Taylor Street, Chicago, IL 60607 (MLS# 12355340) is a Commercial property. 1411 W Taylor Street is currently listed for $2,150,000 and was received on July 30, 2025. Want to learn more about 1411 W Taylor Street? Do you have questions about finding other Commercial 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.

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