Exceptional Mixed-Use Property with Established Restaurant & Apartments for Sale. Prime Opportunity on Busy Taylor Street near University and Hospitals. Discover an outstanding investment and business opportunity with this mixed-use property, ideally located on bustling Taylor Street just steps from major university and hospitals. Fully Occupied Residential Apartments Upstairs. The upper level features two well-maintained 3-bedroom apartments, both fully occupied and generating steady rental income. Each apartment offers comfortable living spaces, making this property a smart choice for investors seeking consistent returns alongside a vibrant business. Turnkey Restaurant-A Proven Success Story. For 25 years, the lower level of this building has been home to a thriving, prime restaurant, renowned for its loyal clientele and exceptional location. The sale includes all restaurant furnishings and fixtures, a fully equipped commercial kitchen, and a spacious dining area-providing an aspiring restaurateur with a true turnkey operation. Whether you dream of owning your own celebrated eatery or wish to expand your portfolio, this restaurant is ready for your vision from day one. This property is available either as a combined package-restaurant and building-or as separate entities, giving buyers the flexibility to tailor their investment to their goals. Contact us today for a private showing or more information. Your next great opportunity awaits! Listing price is only for building, restaurant price call for information.
Property Details
Price:
$1,245,500
MLS #:
MRD12430957
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chinearwestside
Listed Date:
Jul 30, 2025
Year Built:
1886
See this Listing
Schools
Interior
Cooling
Central Air
Exterior
Stories
3
Financial
Tax Year
2023
Taxes
$13,761
Map
Community
- Address1517 W Taylor Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60607
Market Summary
Current real estate data for Commercial in Chicago as of Oct 04, 2026
908
Commercial Listed
185
Avg DOM
$1,019,529
Avg List Price
Property Summary
- 1517 W Taylor Street Chicago IL is a Commercial for sale in Chicago, IL, 60607. It is listed for $1,245,500
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1517 W Taylor Street
Chicago, IL


