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710 E 47th Street, Chicago, IL 60653

Commercial Lease, Chicago, IL

Space SizeContact for details
Days on Market808

Property Features for 710 E 47th Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning OFFIC
Directions Near lake shore drive, and west of 47th and Cottage Drove
Subdivision CHI - Grand Boulevard
Standard status Active

Utilities

Cooling system Central Air

Amenities

shared conference room
kitchenettes
lunch room

Building Details

Year built 1925
Floors in Building 3
Listing Agency: Anchor Realty Group, Inc
Listed By: Efrem Lambert
Added: Aug 11, 2024 Changed: Oct 10 Last Checked: Oct 27 at 7:06AM
MLS# 12135647

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.

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Investment Insights

Based on property information with market context.

Office units are configured within a shared-suite setting and include central air conditioning. The offering includes heat, electricity, and internet as part of the occupancy arrangement, along with access to a shared conference room, kitchenettes, and a lunch room. The property is designated OFFIC and dates to 1925.

Located at 710 E 47th Street in Chicago, the commercial space is offered for office use only. The arrangement includes a move-in fee and does not require a security fee.

Key Highlights

  • Shared office‑suite configuration
  • Heat, electricity, and internet included
  • Shared conference room, kitchenettes, and lunch room

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Chicago Housing Initiative Association / Organization TMH Behavioral Services, ... Crisis Center Latosha Davis Marriage Or Relationship Counselor Knew Expectations and Associates,Inc Crisis Center

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Spa & Massage Center

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

499
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Chicago, IL

$26.72 /SF/Yr
Avg Asking Price
$4.8–$94 /SF/Yr
Price Range
14,490 SF
Avg Space Size

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Office units with bundled utilities, internet, collaborative meeting space, and shared kitchen facilities.
Where is this office unit located?
The property is located at 710 E 47th Street Chicago, IL.
What are key features of this property?
This property features: Shared office‑suite configuration; Heat, electricity, and internet included; Shared conference room, kitchenettes, and lunch room
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