New Construction Corner Retail Space Available on Taylor Street

1221 West Taylor Street, Chicago, IL 60607

Property Information

  • For Lease $40.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 100,000 SF
  • Lot Size 0.77 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2024
  • Date Updated Jun 8, 2026

Description

Nestled in the heart of Chicago, Little Italy exudes a timeless charm that seamlessly blends old-world heritage with modern vibrancy. This iconic neighborhood, steeped in Italian-American culture and history, offers a unique tapestry of cobblestone streets, charming brownstones, and bustling piazzas. Renowned for its authentic trattorias, gelaterias, and espresso bars, Little Italy is a culinary haven where residents and visitors alike can savor the rich flavors of Italy without leaving the city limits. Beyond its gastronomic delights, this dynamic community also boasts a thriving arts scene, with galleries showcasing local talent, and cultural festivals that celebrate the neighborhood’s heritage. From its quaint storefronts to its lively street festivals, Little Italy captivates with its warmth and authenticity. With its proximity to downtown Chicago and convenient access to public transportation, this neighborhood offers an unparalleled urban living experience. Whether strolling through Arrigo Park, indulging in a plate of homemade pasta, or exploring the historic landmarks that dot the area, Little Italy beckons those seeking a vibrant neighborhood steeped in tradition and brimming with character. For businesses looking to be part of a vibrant community with a rich cultural heritage, Little Italy offers a prime location that embodies the spirit of Chicago’s diverse and dynamic urban landscape.Rarely available retail space located in Little Italy. The ~2,000 SF retail space features dramatic +15’ ceiling heights and an excellent exposure opportunity with prominent Taylor Street frontage. The space is located within a new construction 67-unit apartment building developed by one of Chicago’s most prominent developers, Related Midwest. The property is conveniently located in between Illinois Medical District (IMD) and University of Illinois at Chicago (UIC) campus. IMD is estimated to welcome ~80,000 people on a daily basis: 30,000 employees and 50,000 patients, students and visitors. UIC, home to ~33,000 students (graduate and undergraduate) and +6,000 employees.

Highlights

  • 2,000 SF of available retail space with dramatic +15’ ceiling heights.
  • Conveniently located in between Illinois Medical District (IMD) and University of Illinois at Chicago (UIC) campus.
  • Easily accessible to public transportation via the CTA’s Blue and Pink “L” lines. The property also sits along the CTA’s 157 bus route (Streeterville/Taylor).
  • Excellent co-tenancy opportunity with Fresh Stop Produce & Deli occupying the retail’s adjacent 5,000 SF space.
  • IMD is estimated to welcome ~80,000 people on a daily basis: 30,000 employees and 50,000 patients, students and visitors. UIC, home to ~33,000 students (graduate and undergraduate) and +6,000 employees.
  • Located within a newly constructed 67-unit apartment building developed by one of Chicago’s most prominent developers, Related Midwest.
  • Maximum exposure opportunity with prominent Taylor Street frontage and space depths of only ~58’.
  • Rarely available retail space located in Little Italy.
  • The 1002 South Racine Avenue development is another installment of Related Midwest’s Roosevelt Square development, which will in total deliver +2,000 units to the immediate area and ~45,000 SF of retail space.

1 Space Available

300

Space Type

Street Retail

Lease Rate

$40.00/SF/YR

Total Space

2,000 SF

Divisible Space

2,000 - 2,000 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

Location

Located at 1221 West Taylor Street, Chicago, IL 60607, this property is part of the Little Italy neighborhood and Chicago market.

Contact Listing Broker
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