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6-Unit Storefront Building
For Sale
$699,950

339 E 47Th Street, Chicago, IL 60653

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.30 Acres
Days on Market96

Property Features for 339 E 47Th Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COMMR
Directions East on 47th St to address, 339 E 47th St. Building is on the South side of the street.
Subdivision CHI - Grand Boulevard
Standard status Active
APN 20101050010000
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 45281

Utilities

Cooling system Central Air

Building Details

Year built 1990
Floors in Building 1
Number of units 6
Listing Agency: Century 21 Circle · Century 21 Real Estate
Listed By: Mark Vaccaro · License #471021485
Added: May 17 Changed: Aug 19 Last Checked: Aug 20 at 8:06AM
MLS# 12647815

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This six-unit storefront building was built in 1990 and features central air conditioning. The current tenant mix includes longtime tenants operating a cellphone store, barbershop, beauty shop, grocery store, and a restaurant. One tenant is listed as occupying two storefronts, resulting in five tenants across six units.

The property sits on a 0.2984-acre lot in Chicago’s Grand Boulevard neighborhood and is described as being near the train station, supporting easy transit access for customers and employees.

With its established commercial tenant base and consistent setup for storefront operations, this building is positioned for buyers seeking a straightforward income-producing retail property with multiple units under one roof.

Key Highlights

  • Six units with established storefront tenant mix including cellphone, barbershop, beauty shop, grocery, and restaurant
  • One tenant occupies two storefronts, for five tenants across six units
  • 0.2984‑acre lot

Property Analytics

Current Use

Boost Mobile Mobile Phone Store

Suggested Use

Top Pick Law Firm HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Acupuncture Carpet & Flooring Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,828
Businesses Nearby
32k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 93% Electronics 7%
Dollar Tree Shops & Services
16,577 visits/mo 0.5 miles
BP Shops & Services
12,427 visits/mo 0.3 miles
Boost Mobile Electronics
2,303 visits/mo 0.1 miles
Associated Bank Shops & Services
1,013 visits/mo 0.5 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

Market

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Zoned COMMR with central air in a six-unit storefront building near the train station.
Where is this storefront property located?
The property is located at 339 E 47Th Street Chicago, IL.
What is the asking price?
The asking price for this property is $699,950.
What are key features of this property?
This property features: Six units with established storefront tenant mix including cellphone, barbershop, beauty shop, grocery, and restaurant; One tenant occupies two storefronts, for five tenants across six units; 0.2984‑acre lot
More about this property
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