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

735 W 47th Street, Chicago, IL 60609

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.07 Acres
Days on Market7

Property Features for 735 W 47th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions 47 & Halsted then East to address
Subdivision CHI - New City
Standard status Active
APN 20091000110000
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025

Building Details

Year built 1893
Floors in Building 2
Number of units 2
Building materials Brick, Block
Listing Agency: Chicagoland Brokers, Inc.
Listed By: Nicholas Clancy · License #475153611
Added: Sep 18 Changed: Sep 19 Last Checked: Sep 24 at 5:06PM
MLS# 12763316

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 735 W 47th Street in Chicago, this mixed-use property combines commercial and residential space within a brick and block building. The ground level includes storefront space and a basement, while the second floor contains one apartment with three bedrooms and one bathroom.

The property occupies 0.0689 acres and was built in 1893. The building requires full rehabilitation, while the roof is new. Zoning is designated COMMR, supporting the property’s mixed-use configuration.

Key Highlights

  • Ground‑floor storefront with basement
  • One second‑floor apartment with 3 bedrooms and 1 bath
  • 0.0689‑acre lot at 735 W 47th Street, Chicago, IL 60609

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.

Lease Details

1
Residential units

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 - Ground-floor storefront space includes a basement, with one three-bedroom apartment above.
Where is this mixed-use property located?
The property is located at 735 W 47th Street 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: Ground‑floor storefront with basement; One second‑floor apartment with 3 bedrooms and 1 bath; 0.0689‑acre lot at 735 W 47th Street, Chicago, IL 60609
More about this property
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