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715 E 47Th St Chicago, IL 60609

For Sale
Contact for pricing

21,916 SF retail/office building with long-term tenants.

Property size:
21,916 SF
Lot size:
0.71 Acres

Property Features for 715 E 47Th St

General Information

Size
21,916 SF
Lot size
0.71 Acres

Source: Millennium Properties Real Estate Agent Sean Wagner

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Retail/Office Building Near Transportation

This 21,916 square foot retail and office building features two tenants with long-term leases. One tenant is a national retailer, Dollar Tree, and the other is The Place for Children, an ABA facility. There are 42 parking spaces available, along with two adjacent lots. The property is located near the intersection of 47th Street and Cottage Grove, close to the Dan Ryan Expressway, CTA train (Red Line), and bus lines. Nearby businesses include McDonald’s, O’Reilly Auto Parts, and BMO Harris Bank. The property is located in an Opportunity Zone and is eligible for preferential tax treatment.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Dollar Tree Dollar Store

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

Similar Places Nearby

ChargeItSpot, Kimbark Plaza Shopping Center, Washington Park Plaza Shopping Center, Lake Park Pointe Shopping Center, Coin Cloud Bitcoin ATM

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6083928
Latitude
41.8092606

FAQs

What type of property is this?
Shopping center - 21,916 SF retail/office building with long-term tenants.
Where is this shopping center located?
The property is located at 715 E 47Th St Chicago, IL.
What are key features of this property?
This property features: - Assumable CMBS debt at a low 4.3% interest rate with a maturity date of 7/6/2029.; - Stable income from two long-term tenants, including national retailer Dollar Tree.; - Located in an Opportunity Zone, offering potential preferential tax treatment.
More about this property
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