Elevator Building with Commercial
For Sale
Contact for pricing
718 W 47th Street, Chicago, IL 60609
Upscale mixed-use building with apartments and commercial spaces for sale.
Property SizeContact for details
Days on Market201
Property Features for 718 W 47th Street
General Information
Standard status
Active
Property subtype
Mixed Use
Building Details
Year Built
2008
Stories
4
Units
16
Listing Agency:
Kale Realty
(312) 939-5253
Listed By:
QianKun Chen · License #IL
Source:
Crexi
Added: Feb 4
Changed: Aug 8
Last Checked: Jul 19 at 5:23AM
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 Kale Realty
Investment Insights
Based on property information with market context.
This upscale elevator building features condo-quality finishes and a total of 12 spacious apartments, each with two large bedrooms and two bathrooms with an open floor plan. There are also 4 high-visibility commercial units. The property is located minutes from Downtown, Chinatown, Bridgeport, the U of C campus, and the expressway. The commercial units are beautifully maintained and situated in a prime, high-traffic location with excellent visibility and curb appeal. The property offers flexibility and presence for businesses to thrive, suitable for a wellness studio, boutique, professional office, or creative space. Each unit provides a professional, welcoming environment with large, open interiors and plenty of natural light. The location is ideal for attracting walk-in traffic and building a strong local presence, perfect for businesses ready to grow.
Key Highlights
- Prime, high‑traffic location with excellent visibility and curb appeal for commercial units.
- Upscale elevator building with condo‑quality finishes.
- Twelve spacious apartments, each with two large bedrooms and two baths.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
499
Businesses Nearby
Explore this area
Business Placement
Demographics for 60609, IL
65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Upscale mixed-use building with apartments and commercial spaces for sale.
Where is this mixed-use property located?
The property is located at 718 W 47th Street Chicago, IL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Prime, high‑traffic location with excellent visibility and curb appeal for commercial units.; Upscale elevator building with condo‑quality finishes.; Twelve spacious apartments, each with two large bedrooms and two baths.
