1335 W 47TH Street
Chicago, IL, 60609
$995,000
Beds
0 Baths
42,823 SqFt
0.33 Acres
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$995,000
1335 W 47TH Street
Chicago, IL, 60609
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The JonBerg Group of Baird & Warner Real Estate, INC, as the sole and exclusive Broker, has been retained to present the sale of this industrial/warehouse building opportunity. The subject property is located at 1335 West 47th Str., Chicago, IL 60609 (the “Property”). This is an urban industrial building located in Chicago’s South Side dense “Back of the Yards” neighborhood. It features a three-story masonry-constructed building, 42,823 SF GLA including basement, and 14,474 SF or 0.33 AC site, a 10-foot clear ceiling, a flat-rubber roof, fixed insulated glass windows in aluminum frames and glass block, loading dock with two bays and masonry construction throughout all three floors and basement, and a single common freight elevator that feeds all four levels of the building. The subject property is zoned C3-3 (Commercial, Manufacturing, and Employment district). The building’s first floor includes a small 600 SF office buildout. The remainder of the first floor has a relatively higher-end finish and is considered to be in good condition for industrial property. The basement unit is connected to all other floors via the common freight elevator and would have the same finish and utility to a typical occupant as the second and third floors. The basement, second, and third floors are in more or less average condition for this type of industrial property and are currently under-utilized as additional storage space for ownership. Easy access to I-90/I-94 and I-55 expressways, public transportation, the Loop, and Midway International Airport. The subject property is situated in a mixed commercial and residential city setting. Excellent opportunity for a user, investor, or developer.

Property Details

Price:
$995,000
MLS #:
MRD11937303
Status:
Active
Beds:
0
Baths:
0
Address:
1335 W 47TH Street
Type:
Commercial
Subtype:
Manufacturing / Warehousing
City:
Chicago
Listed Date:
Jan 8, 2024
State:
IL
Finished Sq Ft:
42,823
ZIP:
60609
Lot Size:
14,474 sqft / 0.33 acres (approx)
Year Built:
1921

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Concrete, Steel Siding
Roof
Membrane, Rubber

Financial

Buyer Agent Compensation
AS A PERCENTAGE OF THE NET SALE PRICE. THE NET SALE PRICE IS THE GROSS SALE PRICE MINUS AMOUNTS TO BE CREDITED OR PAID TO THE BUYER, AS REFLECTED IN THE INITIAL SALES CONTRACT.Net Sale Price
Tax Year
2021
Taxes
$42,176
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1335 W 47TH Street
Chicago, IL