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Grocery and Convenience Store
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4720 E 47th St, Chicago, IL 60653

The 2014 building is zoned PD 1095 and forms part of a larger mixed-use development.

Property Size40,492 SF
Days on Market512

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
Listing Agency: CBRE | Chicago
Listed By: Jim Sakanich
Source: Moodyscre
Added: Apr 8, 2025 Changed: Aug 29 Last Checked: Aug 31 at 4:35PM

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 40,492-square-foot grocery and convenience store building was completed in 2014. It was previously occupied by Walmart Neighborhood Market and carries PD 1095 zoning. The property is part of Shops & Lofts at 47, a mixed-use project with 96 residential units arranged across five separate buildings.

CTA bus routes #4 and #47 serve the property, providing established transit access along the surrounding corridor.

Key Highlights

  • 40,492‑square‑foot grocery and convenience store building
  • Previously occupied by Walmart Neighborhood Market
  • Built in 2014

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.

Location Intelligence

Trade Area within ½ mile

791
Businesses Nearby
Under-served
Demand for This Use

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
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Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - The 2014 building is zoned PD 1095 and forms part of a larger mixed-use development.
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: 40,492‑square‑foot grocery and convenience store building; Previously occupied by Walmart Neighborhood Market; Built in 2014
(847) 572-1455 Call to check price and availability
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