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Mixed-Use Building with Storefront
For Sale
$615,000

601 W 47th St, Chicago, IL 60609

Commercial frontage, residential living areas, parking, and separate utility metering support multiple occupancy configurations.

Property Size5,780 SF
Price / SF$106.40
Days on Market39

Property Features for 601 W 47th St

General Information

Standard status Active
Size 5,780 SF
Total Parking Spaces 9

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Amenities

fireplace
private balcony
deck
in-unit washer/dryer
central air conditioning

Building Details

Year Built 1893
Buildings 1
Stories 3
Listing Agency: Century 21 S.G.R., Inc.
Listed By: Qizhong Guan
Source: Saladinosells
Added: Jul 21 Changed: Aug 28 Last Checked: Aug 25 at 5:24AM

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 Century 21 S.G.R., Inc.

Investment Insights

Based on property information with market context.

This three-story mixed-use property combines a street-level commercial storefront with residential space above. The 2,742-square-foot first floor has 13-foot ceilings and is currently arranged for retail use. An attached oversized brick two-car garage adds storage and functional support. The upper levels provide approximately 1,500+ square feet of residential living space with three bedrooms, 1.1 baths, a living room with fireplace, formal dining room, kitchen, balcony, and rear deck access. Hardwood floors, exposed brick, high ceilings, in-unit laundry, and central heat and air conditioning are also included.

The property is located at 601 W 47th St in Chicago, with access to I-90/94 and proximity to downtown, Chinatown, the lakefront, commercial corridors, and new developments. Parking includes seven outdoor spaces in addition to the garage. Separate gas and electric meters support the building’s mixed-use configuration. The property is offered as-is.

Key Highlights

  • 5,780 sq ft mixed‑use building at 601 W 47th St, Chicago, IL 60609
  • 2,742 sq ft commercial storefront with 13‑ft ceilings
  • Approximately 1,500+ sq ft of residential living space with 3 bedrooms and 1.1 baths

Property Analytics

Current Use

Discount Hardware and Supply Building Supply

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Skin Care Clinic Hair Salon Bakery

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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

493
Businesses Nearby
34k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 53% Dining 29% Apparel 18%
Family Dollar Shops & Services
17,847 visits/mo 0.4 miles
Dunkin' Donuts Dining
9,645 visits/mo 0.4 miles
Citi Trends Apparel
6,152 visits/mo 0.4 miles

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial frontage, residential living areas, parking, and separate utility metering support multiple occupancy configurations.
Where is this mixed-use property located?
The property is located at 601 W 47th St Chicago, IL.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: 5,780 sq ft mixed‑use building at 601 W 47th St, Chicago, IL 60609; 2,742 sq ft commercial storefront with 13‑ft ceilings; Approximately 1,500+ sq ft of residential living space with 3 bedrooms and 1.1 baths
More about this property
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