

Listed by Century 21 S.G.R. Inc Chicago
$615,000
601 W 47th St
Details
APN 20091010210000
Property Type Retail, Mixed Use
Sub Type Storefront, Other
Square Footage 5,780
Units 3
Tenancy Multi
Price per SqFt $106
Year Built 1893
Buildings 1
Stories 3
Lot Size (SqFt) 3,000
Zoning M1-1
Parking Spaces 10 spaces
Parking Per SqFt 1.73
Investment Type Owner/User
Ceiling Height 13'
Retail | 5,780 SqFt
Marketing 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! Sold "as-is."
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Listed by Century 21 S.G.R. Inc Chicago
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