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 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 half 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).
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
12
Baths
6.5
Stories
3
Lot width
—
Lot depth
—
Lot size
2,550 Sq. Ft.
Year renovated
—
Sq. Ft.
5,978
Year built
2018
Style
Multi-Family (5+ Unit)
County
Cook County
APN
17173260110000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
B3-3
Community Shopping District
The primary purpose of the B3, Community Shopping district is to accommodate a very broad range of retail and service uses, often in the physical form of shopping centers or larger buildings than found in the B1 and B2 districts. In addition to accommodating development with a different physical form than found in B1 and B2 districts, the B3 district is also intended to accommodate some types of uses that are not allowed in B1 and B2 districts. Development in B3 districts will generally be destination-oriented, with a large Percentage of customers arriving by automobile. Therefore, the supply of off-street parking will tend to be higher in B3 districts than in B1 and B2 districts. The B3 district permits residential dwelling units above the ground floor. The B3 district is intended to be applied to large sites that have primary access to major streets. It may also be used along streets to accommodate retail and service use types that are not allowed in B1 and B2 districts. The B3 district can be combined with the dash 1, dash 1.5, dash 2, dash 3 or dash 5 bulk and density designations (see Sec. 17-3-0401).
Permitted uses
Include but are not limited to:
Automotive repair garage
Day care facility
General retail
Restaurant
Housing-Senior
Housing-Other
Office
Library
Post office
Veterinary clinic
Property details
Parking
Parking Information
Outdoor Parking: 1-5 Spaces
Interior
Equipment
# Of Dishwashers: 3
# Of Ranges: 3
# Of Disposals: 3
# Of Washers: 3
# Of Dryers: 3
Exterior
Building Information
# of Units: 4
Built Before 1978 (Y/N): No
Property Information
Property Type: Mixed Use
Parcel Number: 17173260110000
Lot Information
Dimensions: 25X102.9
Zoning: MULTI
Financial
Tax Information
Tax Annual Amount: $30,829
Tax Year: 2023
Financial Information
Finance Code: Conventional
Gross Rent Multiplier: 12.3
Total Monthly Income: $18,868
Gross Income: $206,453
Utilities
Utility Information
Electric: Circuit Breakers, Separate Meters
Heating & Cooling
Heat/Ventilation: Forced Air,Gas
Cooling: Central Air
Location
Location Information
Directions: Across the street from the Little Italy Branch Chicago Public Library. On the south side of the Taylor St between Loomis & Throop.
Public facts
Beds: 12
Baths: 6.5
Sq. Ft.: 5,978
Stories: 3.0
Lot Size: 2,550 square feet
Style: Multi-Family (5+ Unit)
Year Built: 2018
Year Renovated: —
County: Cook County
APN: 17173260110000
Home facts updated by county records on Sep 16, 2026
Other
Listing Information
Some Photos Virtually Staged?: No
Around this home
Schools
Smyth J Elementary School
Public PreK-8 • Assigned • 0.5mi
2/10
Wells Community Academy High School
Public 9-12 • Assigned • 2.1mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 99° expected this year, 13 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60607
Average low and high temperatures (°F)
31
17
39
25
55
36
62
45
68
53
81
66
85
72
81
68
79
64
68
53
52
40
38
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.