1745 W 47TH Street, Chicago, IL 60609 | MLS #12493457 | Berkshire Hathaway HomeServices Chicago
 
Listing provided courtesy of RE/MAX Mi CasaMREDas Distributed by MLSGrid- MLS# 12493457MLS Provider

1745 W 47TH StreetChicago, IL 60609

Commercial
$2,500 Active

1745 W 47TH Street Overview

Time on Site:
259 days
Visits:
1

Excellent opportunity in the New City area! Prime 47th Street location, one of the busiest streets on the Southwest Side. Ideal for opening your own business. The main level was previously used as an income tax office for many years and offers flexible space suitable for a variety of professional or retail uses. The second floor features a spacious 4-bedroom apartment that is also available for rent, providing the option to live and work in the same building or generate additional income. Property includes a full basement perfect for storage, a 2-car garage, and 2 additional parking spaces. Conveniently located near public transportation, shopping, and dining. A must-see property ready for your business vision!

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1745 W 47TH Street Facts & Features

  • Type Commercial

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: Gross
  • Net Operating Income: 0

Building Information

  • Year Built: 1925

Business Information

  • Current Use: Office

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - New City
  • Township: Lake

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Electricity, Heat

Tax Information

  • Tax Annual Amount: $2,917.00
  • Tax Year: 2023

General Information

  • Property Sub Type: Other
  • Property Type: Commercial Lease
  • Zoning: COMMR

Interior

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Leasable Area: 1300
  • Stories: 2

Unit Information

  • Unit SqFt.: 1300

Exterior

Lot Information

  • Frontage Type: City Street
  • Lot Size Dimensions: 25X125

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 2

1745 W 47TH Street Neighborhood

Community

60609 (Chicago) Demographics

34
Median Age
7,786
Population Density (per sq. mile)
22%
College Educated
$40,324
Estimated Median Income
8,185
Estimated Total Home Owners
13,782
Estimated Total Renters
37% / 63%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1745 W 47TH Street Market Data

Based on the last 30 days in this zip code

$297,104
Average List Price
$204
Average Price per Square Foot
15
Properties Sold
81
Average Days on Market
71
Properties for Sale
Calculations provided by Reliance Network

1745 W 47TH Street History

Date Event Value Agent
10/18/2025Source: MRED Status Change
Active
10/13/2025Source: MRED Added to Database
October 13, 2025