1500-1506 W 47Th Street Chicago, IL 60609

Listing agency Frontline Real Estate Partners a***@frontlinerepartners.com Show Phone

Listed by Matthew Tarshis · License #IL 481011744

Source Crexi

Added: Apr 10 Updated: Jul 20 at 9:22PM Checked: Jul 21 at 8:53AM

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Investment Insights

Based on property information with market context.

The property offers an approximate 9,375 SF lot with an existing automotive repair shop at 1500-1506 W 47th Street. The site also includes additional income generated from a billboard.

Surrounding retail and national tenants include ALDI and McDonald’s, with other nearby businesses such as Fifth Third Bank, Walgreens, Dollar Tree, Family Dollar, Marshall’s, Popeyes, Little Caesars Pizza, and America’s Best Contacts & Eyeglasses.

For investors, the property benefits from rental income from the current automotive repair shop tenant, with billboard income providing an additional revenue stream. The site is also described as a potential redevelopment option for a future single-tenant user.

Key Highlights

• Approx. 9,375 SF lot with an existing automotive repair shop on W 47th Street
• Includes rental income from the current automotive repair shop tenant
• Additional income from an on‑site billboard that generates revenue

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Similar Off Market Nearby

• G & G Auto Repair — 5224 S Damen Ave, Chicago, IL 60609
• Automotriz Chuy Tune-Up Brakes — 5055 S Hoyne Ave, Chicago, IL 60609
• Charly's Auto Repair — 2131-2133 W 51st St, Chicago, IL 60609
• Gomez Tires & Wheels — 1934 W 51st St, Chicago, IL 60609
• Ncc Auto Body — 5204 s ashland ave, chicago, il 60609

FAQs

What type of property is this?

Auto shop - Existing automotive repair shop sits on an approximate 9,375 SF lot along W 47th Street.

Where is this auto shop located?

The property is located at 1500-1506 W 47Th Street Chicago, IL.

What are key features of this property?

This property features: Approx. 9,375 SF lot with an existing automotive repair shop on W 47th Street; Includes rental income from the current automotive repair shop tenant; Additional income from an on‑site billboard that generates revenue