601 W 47th Street,Chicago, IL 60609
Chicago, IL 60609
Description
Massive 5,780 sq ft mixed-use building ideally located on busy, high-traffic 47th St in Canaryville. This versatile property offers exceptional visibility and endless potential for investors or owner-operators alike. The 1st floor features an expansive 2,742 sq ft commercial storefront with impressive 13-ft ceilings, creating a bright and open workspace ideal for a variety of business uses. The space is currently configured as a hardware store for retail, but would also be perfect for mechanical shops, restaurant, cafe, showroom, or many other commercial opportunities. Attached to the storefront is a newer oversized brick 2-car garage, providing additional storage and functionality. The 2nd and 3rd floors offer large, light-filled residential living with approximately 1,500+ sq ft, featuring 3 bedrooms and 1.1 baths. The units include an expansive living room with fireplace, formal dining room, large kitchen, generously-sized bedrooms with ample closet space, private balcony, and rear deck access. Additional highlights include hardwood flooring, exposed brick accents, high ceilings, in-unit washer/dryer, and central heat/air conditioning, blending character and comfort throughout. Plenty of parking - 7 outdoor parking spaces in addition to the 2-car garage. Separate gas and electric meters add convenience for multi-tenant or mixed-use ownership. Excellent location with easy access to I-90/94 and close proximity to downtown, Chinatown, the lakefront, major commercial corridors, new developments, and more. Outstanding investment opportunity with strong income and redevelopment potential! Sold "as-is."
Details
| MLS # | 12655207 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1893 |
| Days On Site | 130 |
| Listing Provided By | Century 21 S.G.R., Inc. | Qizhong Guan |
Features
| SQ Feet | 5,780 |
|---|---|
| Story(s) | 3 |
| Units | 3 |
Interior
| Cooling | Central Air |
|---|---|
| Fireplaces Total | 2 |
Exterior
| Roof | Rubber |
|---|---|
| Foundation Details | Concrete Perimeter |
| Construction Materials | Brick, Frame |
Utilities
| Electric | Circuit Breakers |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 6228.18 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60609 |
| Area | CHI New City |
| Listing VS Median (in 60609) | |
Price: $615,000 low | high Med: $266,500 sqft: 5,780 low | high Med: 1,300 $ / sqft: $106 low | high Med: $206 On site: 130 low | high Med: 32.5 | |
Market Activity 60609
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60609 |
| Area | CHI New City |
| Listing VS Median (in 60609) | |
Price: $615,000 low | high Med: $266,500 sqft: 5,780 low | high Med: 1,300 $ / sqft: $106 low | high Med: $206 On site: 130 low | high Med: 32.5 | |
