1424 47Th St Chicago, IL 60609

Bishop Plaza, a vibrant 55,775 square foot retail strip center in Cook County, offers exceptional opportunities for businesses seeking high-visibility locations in a diverse Chicago neighborhood. Built in 1987, this established center boasts a strong tenant mix including Aviva Clothing, UI Health Medical & Dental, Little Caesar's, America's Best Optical, the US Post Office, and the newly opened CLS Plasma. The property features multiple spaces available, ranging from a minimum of 1,250 square feet to a maximum contiguous space of 19,292 square feet; a total of 20,542 square feet is currently vacant. Rental rates are competitive, ranging from $16 to $33 per square foot, with common area maintenance and taxes totaling $11.05 per square foot. The center benefits from its strategic location, with a CTA bus stop directly at the corner, ensuring high foot traffic and accessibility. The necessity-based tenants, including the post office and medical facilities, provide a stable and consistent customer base. This property presents a compelling investment opportunity in a thriving, diverse community with significant potential for growth. The center's strong existing tenant base and convenient location make it an ideal choice for a variety of retail businesses.