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Ground-Floor Restaurant Storefront

1922 W 47TH ST, Chicago, IL 60653

For Lease
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The space is on the street level of a two-story mixed-use building.

Space Size1,868 SF
Days on Market36

Property Features for 1922 W 47TH ST

General Information

Standard status Active
Size 1,868 SF
Net Rentable 1,868 SF
Property subtype Retail, Restaurant
Lease Type Gross

Space & Availability

Available Space 1,868 SF
Contiguous Space 1,868 SF
Floor Ground
Space Use Restaurant

Lease Terms

Lease Rate $29 /SF/YR
Total Rate $4,514
Monthly Rent $4,514
Rent per SF/Year $29

Site & Location

Neighborhood Near South Side

Amenities

storefront signage

Building Details

Stories 2

Spaces For Lease

at 1922 W 47TH ST
Space 1 Active
Size 1,868 SF
Contact us
Listing Agency: Kawash Group
Listed By: Nedal Kawash · License IL #471022064
Source: Crexi
Added: Oct 6 Changed: Nov 8 Last Checked: Nov 10 at 8:34AM

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 Kawash Group

Rey
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Investment Insights

Based on property information with market context.

This 1,868-square-foot restaurant space occupies the ground floor of a two-story mixed-use building at 1922 W 47th St in Chicago. The premises previously operated as a taqueria and are offered on a gross lease; the tenant is responsible for utilities.

The storefront fronts W 47th Street, an established neighborhood retail corridor. Storefront signage is possible with landlord approval.

Key Highlights

  • 1,868‑square‑foot restaurant space
  • Ground‑floor storefront in a two‑story mixed‑use building
  • Previously operated as a taqueria

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

ParkChicago #277611 Parking Lot & Garage Restaurante y Taquería ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Cafe & Coffee Shop Acupuncture Computer & Electronic Repair

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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,178
Businesses Nearby
137k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 52% Dining 27% Groceries 20% Apparel 1%
McDonald's Dining
29,351 visits/mo 0.5 miles
Aldi Groceries
27,298 visits/mo 0.5 miles
Dollar Tree Shops & Services
25,112 visits/mo 0.2 miles
BP Shops & Services
15,025 visits/mo 0.5 miles
Dollar Tree Shops & Services
10,222 visits/mo 0.4 miles

Demographics for 60653, IL

33,146
Population
18,279
Households
1.8
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
2.4 sq mi
ZIP Area
13,811
Density / Sq Mi
$39,565
Median Household Income
$49,335
Median Earnings
$856
Median Rent
$347,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$35.88 /SF/Yr
Avg Asking Price
$18–$87.5 /SF/Yr
Price Range
4,547 SF
Avg Space Size

This space is priced 19% below the average of $35.88 /SF/Yr.

Average Price Trend$/SF/Yr for Conventional restaurants in Chicago, IL

$31.74 Jul
$30.01 Aug
$39.1 Sep
$36.07 Oct

Properties on Market for Conventional restaurants in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The space is on the street level of a two-story mixed-use building.
Where is this conventional restaurant located?
The property is located at 1922 W 47TH ST Chicago, IL.
What are key features of this property?
This property features: 1,868‑square‑foot restaurant space; Ground‑floor storefront in a two‑story mixed‑use building; Previously operated as a taqueria
(630) 337-9126 · Office Call to check price and availability
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