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Grocery and Convenience Store Near CTA Bus Routes
For Lease
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4720 E 47th St, Chicago, IL 60653

Grocery and convenience store space built in 2014, zoned PD 1095 and positioned along CTA bus routes.

Space Size40,492 SF
Days on Market492

Property Features for 4720 E 47th St

General Information

Standard status Active
Size 40,492 SF
Property subtype RETAIL
Zoning PD 1095

Building Details

Year Built 2014

Spaces For Lease

at 4720 E 47th St Contact us

4720 E 47th St

Size
40,492 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Former Walmart Neighborhood Market - Located at the Shops & Lofts at 47, a 96-unit...
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Listing Agency: CBRE | Chicago
Listed By: Jim Sakanich
Source: Moodyscre
Added: Apr 8, 2025 Changed: Aug 8 Last Checked: Aug 12 at 12:00PM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

This grocery and convenience store space was built in 2014 and is zoned PD 1095. The property is part of the Shops & Lofts at 47, a 96-unit mixed-use project in five separate buildings. With a total size of 40,492 square feet, the space is positioned for neighborhood retail demand.

The site also benefits from transit access, as it sits along CTA bus routes #4 and #47, supporting convenient customer arrivals throughout the day.

The offering is tied to the Shops & Lofts at 47 mixed-use environment, which can help support consistent foot traffic from residents within the five-building project.

Key Highlights

  • Built in 2014
  • 40,492 square feet
  • Zoned PD 1095

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Tech Support Center Travel Agency 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,493
Businesses Nearby
23k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 90% Electronics 10%
BP Shops & Services
12,427 visits/mo 0.0 miles
Citgo Shops & Services
7,883 visits/mo 0.5 miles
Boost Mobile Electronics
2,303 visits/mo 0.3 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

Lease Benchmarks for Chicago, IL

$24 /SF/Yr
Avg Asking Price
$15–$33 /SF/Yr
Price Range
12,242 SF
Avg Space Size

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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Similar Off Market Nearby

  • Caro Supermarket & Taqueria 4937 w 47th st, chicago, il 60638
  • Carnicería La Hacienda(La Gloria) 5054 S Archer Ave, Chicago, IL 60632
  • Supermercado Rivera 4334 W 51st St, Chicago, IL 60632
  • Food Mart 4629 S Cicero Ave, Chicago, IL 60632

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Grocery and convenience store space built in 2014, zoned PD 1095 and positioned along CTA bus routes.
Where is this grocery and convenience store located?
The property is located at 4720 E 47th St Chicago, IL.
What are key features of this property?
This property features: Built in 2014; 40,492 square feet; Zoned PD 1095
(847) 572-1455 Call to check price and availability
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