Retail Space in Chicago
For Lease
Contact for pricing
1422-1424 W 47th St, Chicago, IL
Highly visible shopping center with diverse tenant mix.
Space Size19,292 SF
Lot Size3.61 Acres
Days on Market750
Property Features for 1422-1424 W 47th St
General Information
Standard status
Active
Size
19,292 SF
Lot size
3.61 Acres
Property subtype
RETAIL
Lease Type
NNN
Spaces For Lease
at 1422-1424 W 47th St Contact us- Floor
- 1
- Size
- 19,292 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
Bishop Plaza $16 – $33/SF/Yr
- Just signed: CSL Plasma and UI Health Dental.
- Necessity-based tenants include...
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Contact us
Listing Agency:
Matanky Realty Group
(773) 517-9740
Listed By:
Terri J. Cox · License #4710003588
(773) 517-9740
Source:
Moodyscre
Added: Aug 6, 2024
Changed: Aug 8
Last Checked: Aug 24 at 1:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matanky Realty Group
Investment Insights
Based on property information with market context.
This highly visible shopping center is located in a diverse neighborhood of Chicago. The property has a total size of 19292 square feet. Current tenants include Aviva Clothing, UI Health Medical & Dental, Little Caesar's, America's Best Optical, the US Post Office, and CLS Plasma. Recently signed leases include CSL Plasma and UI Health Dental. The tenant mix is necessity-based, including medical and postal services. A CTA Bus Stop is located at the corner of the property, contributing to high local traffic.
Key Highlights
- High‑visibility location in a busy Chicago neighborhood
- Strong tenant mix including medical, dental (UI Health), and necessity‑based businesses (US Post Office)
- High traffic location
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,032
Businesses Nearby
163k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Dining 33%
Groceries 17%
Apparel 6%
McDonald's
Dining
29,351 visits/mo
0.1 miles
Aldi
Groceries
27,298 visits/mo
0.1 miles
Bank of America
Shops & Services
15,073 visits/mo
0.5 miles
BP
Shops & Services
15,025 visits/mo
0.1 miles
Marshalls
Apparel
10,573 visits/mo
0.1 miles
Market
Lease Benchmarks for Chicago, IL
$21.4 /SF/Yr
Avg Asking Price
$12–$30 /SF/Yr
Price Range
26,409 SF
Avg Space Size
This space is priced 25% below the average of $21.4 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Highly visible shopping center with diverse tenant mix.
Where is this shopping center located?
The property is located at 1422-1424 W 47th St Chicago, IL.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: High‑visibility location in a busy Chicago neighborhood; Strong tenant mix including medical, dental (UI Health), and necessity‑based businesses (US Post Office); High traffic location
