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Industrial Land with Building
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1613 West 47th Street, Chicago, IL 60609

M2-2-zoned industrial land offers paved outdoor area, perimeter fencing, and an existing entrance building.

Property Size4,500 SF
Price / SF$1,100
Days on Market64

Property Features for 1613 West 47th Street

General Information

Standard status Active
Size 4,500 SF
Property subtype Industrial, Land
Zoning M2-2

Building Details

Buildings 1
Listing Agency: Chicago Real Estate Resources Inc
Listed By: Eric Janssen · License #IL 471011639
Source: Crexi
Added: Jul 1 Changed: Sep 1 Last Checked: Aug 31 at 11:23PM

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 Chicago Real Estate Resources Inc

Investment Insights

Based on property information with market context.

The property includes 5.873 acres, or 255,825 square feet, of industrial land with multiple street frontages. Most of the site is paved and enclosed by fencing, while a 4,500-square-foot building sits near the entrance. Available utilities include water, sewer, electricity, gas, and cable.

The site is 2 miles from I-55, I-90, and I-94, with access to the Orange Line at the Western stop within walking distance. M2-2 zoning accommodates industrial and commercial uses identified in the source, including warehousing, manufacturing, and logistics. The property carries a 2.2 floor area ratio, has no height limit, and requires no setbacks unless adjoining residential property.

Key Highlights

  • 5.873‑acre industrial site containing 255,825 square feet
  • 4,500‑square‑foot building positioned near the entrance
  • Multiple street frontages with a mostly paved surface

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic HVAC Service Computer & Electronic Repair 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.

Location Intelligence

Trade Area within ½ mile

1,192
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

Vacancy Rate% for Industrial in Chicago, IL

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - M2-2-zoned industrial land offers paved outdoor area, perimeter fencing, and an existing entrance building.
Where is this industrial land located?
The property is located at 1613 West 47th Street Chicago, IL.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: 5.873‑acre industrial site containing 255,825 square feet; 4,500‑square‑foot building positioned near the entrance; Multiple street frontages with a mostly paved surface
(773) 327-9300 Call to check price and availability
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