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Mixed-Use Building with Apartment
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1745 W 47TH Street, Chicago, IL 60609

Commercial Lease, Chicago, IL

Space SizeContact for details
Days on Market319

Property Features for 1745 W 47TH Street

General Information

Property type Commercial Lease
Property subtype Retail
Zoning COMMR
Directions DAMEN TO 47TH STREET WEST TO PROPEERTY
Subdivision CHI - New City
Standard status Active

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 2917

Utilities

Cooling system Central Air

Amenities

full basement

Building Details

Year built 1925
Floors in Building 2
Number of units 2
Building materials Brick
Listing Agency: RE/MAX Mi Casa · RE/MAX International
Listed By: Maria Castillo · License #475122116
Added: Oct 13, 2025 Changed: Aug 20 Last Checked: Aug 27 at 11:06PM
MLS# 12493457

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This brick mixed-use property, built in 1925, offers a flexible commercial arrangement across multiple levels. The main floor was configured for office use and can accommodate professional or retail operations, while the second floor contains a four-bedroom apartment. A full basement provides additional storage, and the property includes a two-car garage plus two more parking spaces. Central Air serves the building, and the property is zoned COMMR.

Located on 47th Street in Chicago’s New City area, the property is near public transportation, shopping, and dining. The combination of commercial space and an upper-floor residence supports a live-work setup or separate rental arrangements, subject to applicable requirements.

Key Highlights

  • Mixed‑use layout with a main‑level commercial area and four‑bedroom second‑floor apartment
  • Full basement offers additional storage space
  • Two‑car garage plus 2 additional parking spaces

Property Analytics

Current Use

Santiago Express Chicago Travel Agency Solid State Accounting Accounting Firm S&D Property Rehab ... Construction Company

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Cafe & Coffee Shop HVAC Service Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,156
Businesses Nearby

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$24.03 /SF/Yr
Avg Asking Price
$10–$45 /SF/Yr
Price Range
68,390 SF
Avg Space Size

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick property combines adaptable business space with a separate upper-level residence and storage capacity.
Where is this mixed-use property located?
The property is located at 1745 W 47TH Street Chicago, IL.
What are key features of this property?
This property features: Mixed‑use layout with a main‑level commercial area and four‑bedroom second‑floor apartment; Full basement offers additional storage space; Two‑car garage plus 2 additional parking spaces
More about this property
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