541 47Th St Chicago, IL 60653

This exceptional new construction commercial property, located at 541 E 47th St in Chicago's vibrant Bronzeville neighborhood (Jazz District), offers 2,487 square feet of versatile space across two, four-story buildings. The property boasts a Class A finish, completed in 2024 with renovations finalized in 2025. With a 12-foot ceiling height, the space is ideal for a variety of uses, including traditional, executive, or medical offices, retail, and restaurants. Multiple suites are available, with a minimum divisible space of 1,190 square feet and a maximum contiguous space of 2,487 square feet. The 0.54-acre lot (12,197 square feet) is zoned B3-3, allowing for diverse commercial applications. The building features a 400 AMP power supply. Property taxes are $5 per square foot. While there are no on-site parking spaces, the location offers excellent accessibility and visibility in the heart of Bronzeville, near Cottage Grove. The building is comprised of 5,000 total suites. A 5% load factor applies. The entire 2,487 square feet is currently vacant.