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Shared Coworking Space
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710 E 47th Street, Chicago, IL 60653

Commercial Lease, Chicago, IL

Space SizeContact for details
Days on Market742

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

kitchenettes
lunch room
internet

Building Details

Year built 1925
Floors in Building 3
Listing Agency: Anchor Realty Group, Inc
Listed By: Efrem Lambert · License #471004328
Added: Aug 11, 2024 Changed: Aug 20 Last Checked: Aug 22 at 6:06PM
MLS# 12135644

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 coworking property provides shared office suites in a commercial building completed in 1925. Central air serves the space, while shared amenities include a conference room, kitchenettes, and a lunch area. Heat, electricity, and internet are included as part of the occupancy arrangement.

The property is located at 710 E 47th Street in Chicago, Illinois, with zoning identified as OFFIC. The offering is designated for commercial space only and is structured around shared office use.

Key Highlights

  • Shared office suites in a coworking setting
  • Heat, electricity, and internet included
  • Shared conference room, kitchenettes, and lunch area

Property 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 Spa & Massage Center Skin Care Clinic

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

Market

Lease Benchmarks for Chicago, IL

$42.1 /SF/Yr
Avg Asking Price
$28–$61.9 /SF/Yr
Price Range
13,176 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
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Frequently Asked Questions

What type of property is this?
Coworking space - Shared office suites with utilities, internet, conference space, kitchenettes, and a lunch area included.
Where is this coworking space located?
The property is located at 710 E 47th Street Chicago, IL.
What are key features of this property?
This property features: Shared office suites in a coworking setting; Heat, electricity, and internet included; Shared conference room, kitchenettes, and lunch area
More about this property
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