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601 W 47th Street , Chicago, IL 60609

$615,000
  • 601 W 47th Street , Chicago, IL 60609 Main Photo

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New to the Market New
SQUARE FEET5,780 MLS#12655207
STATUSNew PROPERTY TYPECommercial - Retail

Property Description

Massive 5,780 sq ft mixed-use building ideally located on busy, high-traffic 47th St in Canaryville. This versatile property offers exceptional visibility and endless potential for investors or owner-operators alike. The 1st floor features an expansive 2,742 sq ft commercial storefront with impressive 13-ft ceilings, creating a bright and open workspace ideal for a variety of business uses. The space is currently configured as a hardware store for retail, but would also be perfect for mechanical shops, restaurant, cafe, showroom, or many other commercial opportunities. Attached to the storefront is a newer oversized brick 2-car garage, providing additional storage and functionality. The 2nd and 3rd floors offer large, light-filled residential living with approximately 1,500+ sq ft, featuring 3 bedrooms and 1.1 baths. The units include an expansive living room with fireplace, formal dining room, large kitchen, generously-sized bedrooms with ample closet space, private balcony, and rear deck access. Additional highlights include hardwood flooring, exposed brick accents, high ceilings, in-unit washer/dryer, and central heat/air conditioning, blending character and comfort throughout. Plenty of parking - 7 outdoor parking spaces in addition to the 2-car garage. Separate gas and electric meters add convenience for multi-tenant or mixed-use ownership. Excellent location with easy access to I-90/94 and close proximity to downtown, Chinatown, the lakefront, major commercial corridors, new developments, and more. Outstanding investment opportunity with strong income and redevelopment potential!

601 W 47th Street | MLS# 12655207

This commercial property located at 601 W 47th Street , Chicago, IL 60609 is currently listed for sale with an asking price of $615,000. Search Chicago real estate on www.gogambino.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.07 Acres
Roof Type: Rubber
Stories: 3.0
Taxes: $6,228
Year Built: 1893

Feature Descriptions

Current Use: Commercial
Drains: Security System, Sun Deck
Electric: Circuit Breakers
Exterior: Brick, Frame
Fire Protection: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Foundation: Concrete Perimeter
HVAC: Forced Air, Gas
Location: Mixed Use Area
Lot Dimensions: 24 x 125
Miscellaneous Indoor: Storage Inside
Miscellaneous Outdoor: Security System, Sun Deck
Parcel#: 20091010210000
Parking: 6-12 Spaces
Potential Use: Commercial, Retail, Other
Tenant Pays: Air Conditioning, Electricity, Heat, Other
Units: 3

Listed By / Shown By

Listed By

Agency Name: Century 21 S.G.R., Inc.
Agency Phone: 312-326-2121

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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