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    1001 W 47Th St Chicago, IL 60609

    For Lease
    $4 SF/Yr ($7,804 /Mo)

    Manufacturing / Warehousing,Truck Terminal - Chicago, IL

    Lot size:
    0.50 Acres
    Days on Market:
    296
    Last Refresh:
    Dec 7 at 12:06 am

    Property Features for 1001 W 47Th St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    INDUS
    Lot size
    0.50 Acres

    Building Details

    Year built
    2024
    Architectural style
    Other

    RE/MAX Legends (708) 655-5000 [email protected]

    Listing agent Nazire Tahiri (630) 216-8000 License #475203950

    Listing date Feb 15, 2025

    MLS# 12291584 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Lot for Lease

    A 21,780 square foot lot is available for lease in Chicago's Halsted Street area. The property is fully fenced and newly graveled, and it is approved for outside storage. It is suitable for parking semi-trucks, cars, or containers. The lot is camera secured. The property is zoned for industrial use and can be used as a truck terminal, distribution property, or industrial property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Truck terminals

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6443282
    Latitude
    41.8089025

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    FAQs

    What type of property is this?
    Truck terminal - 21,780 Sq ft lot for lease in Chicago.
    Where is this truck terminal located?
    The property is located at 1001 W 47Th St Chicago, IL.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: - Prime 21,780 sq ft lot in coveted Halsted Street area; - Approved for outside storage; - Perfect for parking semi trucks, cars, or containers
    (630) 216-8000
    Request Owner's contact information
    1001 W 47Th St Chicago, IL 60609
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    Chicago, IL 60609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1001 W 47Th St Chicago, IL 60609
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