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$550,000
5,520
square ft

716 E 47th Street
CHICAGO, Illinois 60653

Closed / MLS #09840649 / Commercial / Mixed Use / Grand Boulevard
Listing information updated 9/4/2021 at 2:23pm
4 STORY BUILDING ON THE BUSTLING 47TH ST CORRIDOR IN THE HEART OF THE BRONZEVILLE AREA. THIS BUILDING IS CATER-CORNER TO THE WALMART NEIGHBORHOOD MARKETPLACE ON COTTAGE GROVE, IT IS ALSO NEIGHBORS WITH LONGSTANDING MCDONALDS, AND SEVERAL OTHER NEIGHBORHOOD BUSINESSES. THERE IS A PRIVATE PARKING LOT FOR UP TO 30 CARS. LOCATION IS IN THE CHICAGO ENTERPRISE ZONE 2 ALLOWING FOR TAX BREAKS AND MATCHING REDEVELOPMENT FUND ADVANTAGES TO THE SAVVY INVESTOR. THIS IS A GREAT BUILDING FOR GENERAL OFFICES INCLUDING REAL ESTATE, LAW, INSURANCE, TITLE COMPANY AMONGST OTHERS.
Built:
1907
Parking Spaces:
30
Cooling System:
Central Air
Stories:
4
Current Use:
Office
Potential Use:
Commercial, Condominium, Office and Research, Retail
Zoning:
COMMR
Building Square Feet:
5,520
Current Net Income:
$75,000
Tax Amount:
$12,751
Tax Year:
2016
Zip Code:
60653
City:
Chicago
County:
Cook

Listing Office: Coldwell Banker Realty

Listing Office Phone: 773.451.1200

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 9/4/2021 at 2:23pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Grand Boulevard, IL

The Grand Boulevard community has undergone a revival. Restoration efforts have focused on the area’s rich history that includes the bustling hub of Bronzeville, a cultural mecca that many of Chicago’s notable artists called home. Businesses have begun to move back to the area, and there is an a...

CTA

CTA
Green line at 47th

Metra

Metra
Metra Electric Main Branch line at 47th St Metra
$426,861
Average Sale Price
103
Average Days On The Market
95%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 716 E 47th Street, Chicago, IL 60653
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716 E 47th Street, Chicago, IL 60653 is a commercial / mixed use which sold for $550,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since January 25th, 2018 and was built in 1907. The nearest transit stops include 47th CTA Green line and 47th St Metra Metra Metra Electric Main Branch line.

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