Bronzeville Retail/Office Space
For Lease
Contact for pricing
549 East 47th Street, Chicago, IL 60653
Prime retail/office space in Bronzeville Jazz District.
Space Size1,325 SF - 3,877 SF
Property Size50,000 SF
Days on Market706
Property Features for 549 East 47th Street
General Information
Standard status
Active
Size
1,325 SF - 3,877 SF
Class
A
Property subtype
Retail, Office, Special Purpose
Lease Type
NNN
Building Details
Building Size
50,000 SF
Year Built
2024
Tenancy
Multiple
Spaces For Lease
at 549 East 47th Street Contact us- Size
- 3,877 SF
- Type
- Office, Retail
- Lease Type
- NNN
- Availability
- Active
535 - 537 E 47th
- Size
- 2,650 SF
- Type
- Office, Retail, Special Purpose
- Lease Type
- NNN
- Availability
- Active
547 - 549 E 47th
- Size
- 1,325 SF
- Type
- Office, Retail
- Lease Type
- NNN
- Availability
- Active
549 E. 47th Street
Listing Agency:
KW Commercial Chicago - Lincoln Park
(773) 946-8816
Listed By:
Tony Hardy · License #IL 475.139834
Source:
Crexi
Added: Sep 16, 2024
Changed: Aug 8
Last Checked: Aug 22 at 10:53AM
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 KW Commercial Chicago - Lincoln Park
Investment Insights
Based on property information with market context.
Located in the Bronzeville neighborhood of Chicago, the property at 541 E 47th Street offers a leasing opportunity suitable for various commercial uses. The property features 2,447 square feet of space, divisible into 1,190 and 1,247 square feet of street-level retail space. The B3 zoning allows for diverse commercial applications, including retail stores, restaurants, banks, offices, medical clinics, and personal services such as salons or dry cleaners. The location in the heart of the Bronzeville Jazz District provides visibility and accessibility. The property is suitable for businesses such as real estate services (mortgage companies, title companies, law offices, inspection services), or those in proximity to Keller Williams ONEChicago’s new Bronzeville office. Other possibilities include medical offices, physical therapy clinics, or restaurants. Lease terms are structured on a NNN basis, with rates between $25.00 and $30.00 per square foot, and CAM and estimated property taxes at $4.00 per square foot.
Key Highlights
- Prime location in the heart of Bronzeville's Jazz District with excellent visibility and accessibility.
- Divisible street‑level retail space totaling 2,447 square feet (1,190 and 1,247 sq ft options).
- Versatile B3 zoning allows for a wide range of commercial uses.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,788
Businesses Nearby
Explore this area
Business Placement
Demographics for 60653, IL
33,146
Population
18,279
Households
1.8
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
2.4 sq mi
ZIP Area
13,811
Density / Sq Mi
$39,565
Median Household Income
$49,335
Median Earnings
$856
Median Rent
$347,800
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$25.9 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,190 SF
Avg Space Size
This space is priced 3% below the average of $25.9 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Prime retail/office space in Bronzeville Jazz District.
Where is this retail space located?
The property is located at 549 East 47th Street Chicago, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Prime location in the heart of Bronzeville's Jazz District with excellent visibility and accessibility.; Divisible street‑level retail space totaling 2,447 square feet (1,190 and 1,247 sq ft options).; Versatile B3 zoning allows for a wide range of commercial uses.
