Retail/Office Building Near
For Sale
Contact for pricing
715 E 47th St, Chicago, IL
21,916 SF retail/office building with long-term tenants.
Property Size21,916 SF
Lot Size0.71 Acres
Days on Market388
Property Features for 715 E 47th St
General Information
Standard status
Active
Size
21,916 SF
Lot size
0.71 Acres
Property subtype
RETAIL
Listing Agency:
Millennium Properties Real Estate
(312) 338-3004
Listed By:
Sean Wagner · License #475197284
Source:
Moodyscre
Added: Jul 30, 2025
Changed: Aug 14
Last Checked: Aug 20 at 1:27PM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,694
Businesses Nearby
92k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Dining 45%
Electronics 3%
Apparel 3%
McDonald's
Dining
28,354 visits/mo
0.1 miles
Dollar Tree
Shops & Services
16,577 visits/mo
0.1 miles
Family Dollar
Shops & Services
16,354 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
11,191 visits/mo
0.1 miles
O'Reilly Auto Parts
Shops & Services
5,937 visits/mo
0.1 miles
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- ChargeItSpot — 1346 e 53rd st, chicago, il 60615, united states
- Kimbark Plaza Shopping Center — S Woodlawn Ave &, E 53rd St, Chicago, IL 60615
- Washington Park Plaza Shopping Center — S Cottage Grove Ave &, E 51st St, Chicago, IL 60615
- Lake Park Pointe Shopping Center — 1240-1358 E 47th St, Chicago, IL 60653
- Coin Cloud Bitcoin ATM — 224 E 51st St, Chicago, IL 60615
Frequently Asked Questions
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.
