Skip To Content

1456 W 47th Street

Chicago, IL 60609
  • $1,400,000
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: 11251581
UPDATED: 51 min ago
$1,400,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1988
County:

School Ratings & Info

Description

This is your perfect opportunity to invest in the Back of the Yards neighborhood. This building features 7,280 square feet as well as 10 parking spots. The parking could be more if the gated area was opened to create additional parking. This area is one of 10 priority communities selected as a part of the initial phase of Mayor Lightfoot's INVEST South/West commercial corridor improvement strategy. INVEST South/West's goal is to re-activate neighborhood cores that have historically served as focal points for pedestrian activity, shopping, services, transportation, public spaces and quality-of life amenities for local residents. The priority focus is the intersection of 47th Street and Ashland Avenue and adjacent blocks. The project will redevelop a vacant, City-owned lot at 1515 W. 47th St. with a 50-unit affordable apartment building that includes a ground floor business hub and youth programming space. Ground breaks Spring of 2022 with an estimated completion of August 2022. High traffic area for any new business!

Monthly Payment Calculator



© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Littlefield Group | Keller Williams Realty. Based on information submitted to the MRED as of 2021-12-02T07:06:29.86 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.homesearchil.com/homes/122611970
Print Image

1456 W 47th Street Chicago, IL 60609

  • Price: $1,400,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 51 min ago
  • MLS #: 11251581
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1988
Built
Neighborhood:
Chi - New City
County:
Cook
Area:
Chi - New City
Property Description
This is your perfect opportunity to invest in the Back of the Yards neighborhood. This building features 7,280 square feet as well as 10 parking spots. The parking could be more if the gated area was opened to create additional parking. This area is one of 10 priority communities selected as a part of the initial phase of Mayor Lightfoot's INVEST South/West commercial corridor improvement strategy. INVEST South/West's goal is to re-activate neighborhood cores that have historically served as focal points for pedestrian activity, shopping, services, transportation, public spaces and quality-of life amenities for local residents. The priority focus is the intersection of 47th Street and Ashland Avenue and adjacent blocks. The project will redevelop a vacant, City-owned lot at 1515 W. 47th St. with a 50-unit affordable apartment building that includes a ground floor business hub and youth programming space. Ground breaks Spring of 2022 with an estimated completion of August 2022. High traffic area for any new business!
Exterior Features

Outdoor Parking 6-12 Spaces Parking Total 7

Interior Features

Cooling Central Individual Heat Ventilation Central Heat/Indiv Controls Number Of TLDocks 0

Property Features

Additional Parcels YN Yes Building Area Total 7280 Electric Other Fire Protection Other Gross Income 0 Gross Scheduled Income 0 Leasable Area 7280 Net Operating Income 0 Operating Expense 0 Property Offered For Sale Or Rent Property Sub Type Free Standing Store Rental Price 23 Tax Annual Amount 22611 Tax Year 2020 Tenant Pays Varies By Tenant Type Retail/Stores Zoning Commr

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Realty Of Chicago Llc.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Littlefield Group | Keller Williams Realty. Based on information submitted to the MRED as of 2021-12-02T07:06:29.86 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11251581-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11251581-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11251581-1.jpg
Logo
Littlefield Group | Keller Williams Realty
2441 Village Green Place
Champaign IL, 61822