Retail/Office Investment
707-715 E 47th St. Chicago, IL 60609
707-715 E 47th St., Chicago, IL, 60609
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For Sale
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Multi-tenant building offers combined retail and office space with two adjacent parking lots and 42 parking spaces.
Property Size21,916 SF
Days on Market22
Property Features for 707-715 E 47th St.
General Information
- Standard status
- Active
- Size
- 21,916 SF
- Property subtype
- Retail
Listing agency
Millennium Properties R/E
Listed by
Sean Wagner · License #IL
Source
Crexi
Added: Jul 1 Updated: Jul 22 at 9:30AM Checked: Jul 22 at 9:30AM
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 Millennium Properties R/E
Investment Insights
Based on property information with market context.
Available for sale is a retail/office property encompassing approximately 21,916 square feet of office and retail space. The building is comprised of two long-term tenants: Dollar Tree, a national retail operator, and the Place for Children With Autism, an applied behavior analysis facility with 19 locations.
The property includes two adjacent lots designated for parking, totaling 42 parking spaces, supporting convenience for both tenants and customers. The building is located near the interchange of 47th Street and Lake Shore Drive and right off the heavily trafficked corner of 47th and Cottage Grove Avenue, approximately 5 miles from downtown Chicago, with easy access to public transportation, major thoroughfares, and expressways.
An assumable non-recourse debt is available at 4.3% with a balance of $2.28 million and a maturity date of 7/6/2029.
The property includes two adjacent lots designated for parking, totaling 42 parking spaces, supporting convenience for both tenants and customers. The building is located near the interchange of 47th Street and Lake Shore Drive and right off the heavily trafficked corner of 47th and Cottage Grove Avenue, approximately 5 miles from downtown Chicago, with easy access to public transportation, major thoroughfares, and expressways.
An assumable non-recourse debt is available at 4.3% with a balance of $2.28 million and a maturity date of 7/6/2029.
Key Highlights
- Approximately 21,916 SF retail/office building with two long‑term tenants
- Tenant mix includes Dollar Tree and Place for Children With Autism (ABA facility) with 19 locations
- Two adjacent parking lots with 42 parking spaces for tenants and customers
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Multi-tenant building offers combined retail and office space with two adjacent parking lots and 42 parking spaces.
Where is this retail space located?
The property is located at 707-715 E 47th St. Chicago, IL.
What are key features of this property?
This property features: Approximately 21,916 SF retail/office building with two long‑term tenants; Tenant mix includes Dollar Tree and Place for Children With Autism (ABA facility) with 19 locations; Two adjacent parking lots with 42 parking spaces for tenants and customers
