2044 47th St, Chicago, IL 60609-4007
This exceptional retail opportunity presents a single-tenant outlot at 2044 W 47th St, Chicago, IL 60609. Strategically located at the main entrance to Yards Plaza, this property boasts a prominent position at a signalized intersection, ensuring high visibility and accessibility for potential customers. The site offers approximately 104.5 feet of frontage and 130 feet of depth, providing ample space for development. The property's location benefits from extremely dense surrounding demographics and proximity to numerous national retailers, creating a strong foundation for business success. The flexible site plan allows for a variety of development options to suit diverse business needs. This is a rare opportunity to establish a thriving business in a high-traffic area with excellent visibility and a strong customer base. The property is classified as retail, drive-thru, and outlot, offering versatility in potential uses. The address is verified as 2044 W 47th St, Chicago, Illinois, and is situated across the street from Back of the Yards Prep School. The property is a zero-acre site, ideal for a smaller-scale retail operation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.