Listing Agency: Colliers - Rosemont, Illinois

Listed By: Michael Senner · License #IL 475128639

Source: Crexi

Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 5:32PM

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Investment Insights

Based on property information with market context.

This flex-space property occupies 0.47 acres and includes a finished lower level. The stated use profile encompasses office, industrial, and retail applications, providing a versatile commercial format. The property is located at 5045 W 47th St, Chicago, IL 60638.

Key Highlights

• 0.47‑acre flex‑space property
• Finished lower level
• Stated uses include office, industrial, and retail applications

Property Analytics

Property Profile

Current Use

Jane Rooney Counselor

Suggested Use

Top Pick Real Estate Agency Hair Salon Bakery (Bike/Boat/Book/etc) Store Skin Care Clinic 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

744

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 60638, IL

56,928

Population

21,636

Households

2.6

Avg Household Size

39

Median Age

24%

College-Educated

84%

High-School Grad

11.1 sq mi

ZIP Area

5,129

Density / Sq Mi

$89,191

Median Household Income

$50,902

Median Earnings

$1,327

Median Rent

$283,500

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?

Flex space - Supports office, industrial, and retail uses.

Where is this flex space located?

The property is located at 5045 W 47th St Chicago, IL.

What are key features of this property?

This property features: 0.47‑acre flex‑space property; Finished lower level; Stated uses include office, industrial, and retail applications