Commercial > Multi-family / Apartments
Active
05/10/2024
List Price
$2,650,000$351/ft²
1335 Taylor St
Chicago, IL 60607
- 9Beds
- 8Baths
- 7,540ft²Living Area
- 2,550ft²Lot Size
- -Pool
- -Car
- 2019Year Built
- 146DOM
- 5Permits
1335 Taylor St, Chicago, IL 60607 is a 9 bed, 8 bath, 7,540 ft² multi-family/apartments property built in 2019 on a 0.059 acre lot with 5 construction permits. This multi-family/apartments is currently listed for $2,650,000, and it was last sold in 2015 for $350,000.
MLS Description
The listing agent's description. Original Listing
Turnkey new construction investment centrally located on the Taylor Street corridor between Illinois Medical District to the West and University of Illinois Chicago to the East. 2019 construction with a desirable unit-mix, modern in-unit amenities and luxury finishes including in-unit laundry, granite countertops, individual HVAC, private balconies, etc. The first floor is leased to a national tenant - Insomnia Cookies - on a new 10-year net lease providing stable, long-term cash flow with annual increases. Value-add potential with increases in rent to reflect recent rental comps in the area, finishing out the rooftop deck and monetizing the basement storage area. All three apartments are large 4BR/2BA units. Low expense ratio with Insomnia responsible for 50% of the property taxes and building insurance. Excellent area tenant base to draw from with UIC (34,000 undergrad and post graduate students - largest university in the Chicago Metro Area) and Illinois Medical District (29,000 employees, 50,000 daily visitors and $3.4 billion in economic opportunity - the largest medical district in North America).
Listing Agents
The listing agent for 1335 Taylor St is Nathan Gautsche.
NG
Nathan Gautsche
Chicago Real Estate Resources
Phone: (773) 327-9300
Permits
1335 Taylor St has 5 permit records of total value of $1,071,001.
Permit History
5
Permits
$1,071,001
Total Permit Value
March 8, 2023
Description: Self cert. Commercial. - 2019 cbrc - level 2 - alterations to existing tenant mercantile retail suite as shown on plans. Existing and planned occupancy group m mercantile; construction type III-a; czo 17-17-0104-o food and beverage retail salesJob Value: $170,000Status: issuedType: Renovation/alterationBusiness Name: Accomplished J Plumbing; CLC Electric INC; CSL Climate Control CO; Erdelyi PeterApplicant: Chris SchmaltzFees: $1,675Effective Date: 2023-03-08Permit Number: 100987258
December 23, 2022
Description: Install one (1) set of led illuminated channel letters on north elevation wallJob Value: $500Status: issuedType: SignsBusiness Name: Olympik Signs INCFees: $300Effective Date: 2022-12-23Permit Number: 100995242
December 23, 2022
Description: Install one (1) double face led illuminated projecting sign on north elevation wallJob Value: $500Status: issuedType: SignsBusiness Name: Olympik Signs INCFees: $300Effective Date: 2022-12-23Permit Number: 100995243
July 19, 2018
Description: Change plumbing contractor to tonie's plumbing corp from permit #100689760Job Value: $1Status: issuedType: Easy permit processBusiness Name: GP Construction Group INC; Tonie's Plumbing CorporationApplicant: John CapesiusFees: $125Effective Date: 2018-07-19Permit Number: 100773326
October 2, 2017
Description: New 4-story masonry building with 1st story commercial space (1, 580 sf) and 3-dwelling units 2nd-4th floor (1, 680 sf/ea) with roof deck (607 s.f.)**certified corrections- - subject to field inspections & audit **Job Value: $900,000Status: issuedType: New constructionBusiness Name: Blair Bruce Allan; GP Construction Group INC; Light THE Power LTD; OLD State Mechanical CorpApplicant: John CapesiusFees: $10,395Effective Date: 2017-10-02Permit Number: 100689760
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$22,519.27From latest Total Assessed Value20.18%Total Assessed Value$111,619=Land+
Assessed Value$11,475Additions
Assessed Value$100,144
In 2021, taxes billed for 1335 Taylor St were $22,519.27, which is 20.18% from latest Total Assessed Value of $111,619.
Property History
1335 Taylor St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 1335 Taylor St
Hazard Risks
Tornado222Hail156Wind153Particulates146Air Pollution110Ozone108Weather108Nat'l Avg100Carb Mono98Lead58Earthquake46Hurricane10
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 1335 Taylor St.
Walkability Index
17 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
1335 Taylor St has a walkability score of 17 out of 20, which means that it is in a very walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
20°F
High
34°F
Summer
Average
Low
62°F
High
81°F
In the winter at 1335 Taylor St, temperatures range from 19.85°F to 34.04°F with an average of 26.95°F. In the summer, the temperature ranges from 62.42°F to 80.91°F with and average of 71.67°F.
School Information
Public/private schools serving 1335 Taylor St
Public Schools
Crane Technical Preparatory High School
Grades: 12-12
0.34 mi
J. Smyth Elementary School
Grades: KG-8
0.45 mi
D
Wells Community Academy High School
Grades: 9-12
2.11 mi
F
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 1335 Taylor St have ratings undefined, undefined, and undefined.
Neighborhood
This property is located in West Side, Chicago, IL 60607.
Seasonal Housing units 60607
12%of housing is for seasonal rent.
Daytime Population for 60607
+107%of people during work hours.
Boundary map of West Side.
Crime Index for 60607
148
148
The crime index in 60607 is 148, which is 1.5 times higher than national average.
Market Trends
Historical market data near 1335 Taylor St over selected time period.
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