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Brick Mixed-Use Building
New
For Sale
$300,000

735 W 47th St, Chicago, IL 60609

Two-level property combines a storefront with a three-bedroom apartment.

Property Size2,660 SF
Price / SF$112.78
Days on Market4

Property Features for 735 W 47th St

General Information

Standard status Active
Size 2,660 SF

Property Condition

Severity Major Repairs Needed
Evidence Needs Full Rehab

Building Details

Year Built 1893
Buildings 1
Stories 2
Construction brick
Listing Agency: Chicagoland Brokers, Inc.
Listed By: Nicholas Clancy · License #475153611
Source: Amyboston.realtopiare
Added: Sep 21 Changed: Sep 24 Last Checked: Sep 24 at 11:35AM

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 Chicagoland Brokers, Inc.

Investment Insights

Based on property information with market context.

Built in 1893, this 2,660-square-foot mixed-use building features a brick exterior and two distinct levels of space. The ground floor is configured as a storefront with an accompanying basement, while the upper floor contains a three-bedroom, one-bath apartment.

The property includes a new roof but requires full rehabilitation, offering a defined renovation project at 735 W 47th St in Chicago. Its combination of commercial space and residential accommodation creates a compact mixed-use configuration within the building.

Key Highlights

  • 2,660‑square‑foot mixed‑use building
  • Brick construction dating to 1893
  • Ground‑floor storefront with basement

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon 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.

Location Intelligence

Trade Area within ½ mile

498
Businesses Nearby
34k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 53% Dining 29% Apparel 18%
Family Dollar Shops & Services
17,847 visits/mo 0.1 miles
Dunkin' Donuts Dining
9,645 visits/mo 0.0 miles
Citi Trends Apparel
6,152 visits/mo 0.1 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level property combines a storefront with a three-bedroom apartment.
Where is this mixed-use property located?
The property is located at 735 W 47th St Chicago, IL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 2,660‑square‑foot mixed‑use building; Brick construction dating to 1893; Ground‑floor storefront with basement
More about this property
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