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715 E 47th St Chicago, IL

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21,916 SF retail/office building with long-term tenants.

Type:RETAIL
Property size:
21,916 SF
Lot size:
0.71 Acres
Added:
Jul 30, 2025
Days on Market:
270
Last Refresh:
Apr 5 at 9:35 pm

Property Features for 715 E 47th St

General Information

Standard status
Active
Size
21,916 SF
Lot size
0.71 Acres
Property subtype
RETAIL

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Listing Contact
Sean Wagner

Listing agent Sean Wagner

Listing office Millennium Properties Real Estate

Listing date Jul 30, 2025

Source Moodyscre

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 Real Estate


Overview

Retail/Office Building Near Transportation

This 21,916 square foot retail and office building features two tenants with long-term leases. One tenant is a national retailer, Dollar Tree, and the other is The Place for Children, an ABA facility. There are 42 parking spaces available, along with two adjacent lots. The property is located near the intersection of 47th Street and Cottage Grove, close to the Dan Ryan Expressway, CTA train (Red Line), and bus lines. Nearby businesses include McDonald’s, O’Reilly Auto Parts, and BMO Harris Bank. The property is located in an Opportunity Zone and is eligible for preferential tax treatment.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Dollar Tree Discount Store

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

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Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6084
Latitude
41.8093

FAQs

What type of property is this?
Shopping center - 21,916 SF retail/office building with long-term tenants.
Where is this shopping center located?
The property is located at 715 E 47th St Chicago, IL.
What are key features of this property?
This property features: Assumable CMBS debt at a low 4.3% interest rate with a maturity date of 7/6/2029.; Stable income from two long‑term tenants, including national retailer Dollar Tree.; Located in an Opportunity Zone, offering potential preferential tax treatment.
(312) 338-3000 Call to check price and availability
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