Mixed-Use Building with Retail
For Sale
$615,000
601 W 47th Street, Chicago, IL 60609
Commercial Sale, Chicago, IL
Property Size5,780 SF
Lot Size0.07 Acres
Price / SF$106.40
Days on Market92
Property Features for 601 W 47th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Fireplace
1
Directions
east/west on 47th St to property; just east of Halsted St.
Subdivision
CHI - New City
Standard status
Active
APN
20091010210000
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
6228
Utilities
Cooling system
Central Air
Amenities
2-car garage
fireplace
private balcony
rear deck access
hardwood flooring
exposed brick accents
high ceilings
13-ft ceilings
in-unit washer/dryer
central heat/air conditioning
separate gas and electric meters
Building Details
Year built
1893
Floors in Building
3
Number of units
3
Building materials
Brick, Frame
Roof type
Rubber
Listing Agency:
Century 21 S.G.R., Inc. · Century 21 Real Estate
(312) 326-2121
Listed By:
Qizhong Guan
(312) 326-2121
Added: May 21
Changed: Aug 19
Last Checked: Aug 20 at 11:06PM
MLS# 12655207
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 mixed-use building totals approximately 5,780 square feet and offers a ground-floor commercial storefront plus upper-level residential living. The first floor features an expansive retail space of about 2,742 square feet with 13-foot ceilings and is currently configured as a hardware store. Attached to the storefront is a newer oversized brick 2-car garage, providing additional storage and functionality.
The second and third floors provide large, light-filled residential units of approximately 1,500+ square feet, with 3 bedrooms and 1.1 baths. Features include an expansive living room with fireplace, formal dining room, large kitchen, generously sized bedrooms with ample closet space, a private balcony, and rear deck access. Additional interior highlights include hardwood flooring, exposed brick accents, high ceilings, in-unit washer/dryer, and central heat/air conditioning. The property also includes 7 outdoor parking spaces in addition to the 2-car garage, and separate gas and electric meters. Sold as-is, with easy access to I-90/94.
The second and third floors provide large, light-filled residential units of approximately 1,500+ square feet, with 3 bedrooms and 1.1 baths. Features include an expansive living room with fireplace, formal dining room, large kitchen, generously sized bedrooms with ample closet space, a private balcony, and rear deck access. Additional interior highlights include hardwood flooring, exposed brick accents, high ceilings, in-unit washer/dryer, and central heat/air conditioning. The property also includes 7 outdoor parking spaces in addition to the 2-car garage, and separate gas and electric meters. Sold as-is, with easy access to I-90/94.
Key Highlights
- Massive 5,780 sq ft mixed‑use building on high‑traffic 47th St.
- Expansive 2,742 sq ft commercial storefront with 13‑ft ceilings.
- Large residential units (1,500+ sq ft) feature 3 bedrooms, 1.1 baths, fireplace, balcony, and deck.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
493
Businesses Nearby
34k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Large ground-floor retail with 13-foot ceilings plus upper-level residential units, sold as-is.
Where is this storefront property located?
The property is located at 601 W 47th Street 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: Massive 5,780 sq ft mixed‑use building on high‑traffic 47th St.; Expansive 2,742 sq ft commercial storefront with **13‑ft ceilings**.; Large residential units (1,500+ sq ft) feature 3 bedrooms, 1.1 baths, fireplace, balcony, and deck.
