Retail/Office Building Near
715 E 47th St, Chicago, IL
Call to check price and availability
21,916 SF retail/office building with long-term tenants.
Type:RETAIL
Property size:
21,916 SFLot size:
0.71 Acres- Added:
- Jul 30, 2025
- Days on Market:
- 297
- 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
Listing agent Sean Wagner
Listing office Millennium Properties Real Estate (312) 338-3000
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
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.
- High‑traffic location near the intersection of 47th and Cottage Grove.
- Ample parking with 42 spaces and two adjacent lots.
- Excellent accessibility via the Dan Ryan Expressway, CTA Red Line, and bus lines.
Overview
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
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Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6084
- Latitude
- 41.8093
Nearby Similar for Sale
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.
