1856 W 47th Street
Chicago, IL, 60609
$169,900
Beds
0 Baths
1,121 SqFt
0 Acres
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$169,900
1856 W 47th Street
Chicago, IL, 60609
MLS #MRD12215577 img 0MLS #MRD12215577 img 1MLS #MRD12215577 img 2MLS #MRD12215577 img 3MLS #MRD12215577 img 4MLS #MRD12215577 img 5MLS #MRD12215577 img 6MLS #MRD12215577 img 7MLS #MRD12215577 img 8MLS #MRD12215577 img 9MLS #MRD12215577 img 10MLS #MRD12215577 img 11MLS #MRD12215577 img 12
This versatile, single-tenant retail building is perfectly suited for various uses, including a retail store, barbershop, salon, or office space. Situated on bustling 47th Street, a thriving and vibrant retail corridor, the property benefits from high visibility and foot traffic. Located within a Federal Enterprise Zone, it offers valuable incentives such as property tax and transfer tax abatements, sales tax exemptions on building materials and machinery, and taxable income credits. Please note, the business or adjacent lot is not included in the sale.

Property Details

Price:
$169,900
MLS #:
MRD12215577
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
1856 W 47th Street
Type:
Commercial
Subtype:
Neighborhood Storefront
Neighborhood:
CHI – New City
City:
Chicago
Listed Date:
Nov 22, 2024
State:
IL
Finished Sq Ft:
1,121
Total Sq Ft:
1,121
ZIP:
60609
Year Built:
1904

Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Brick
Roof
Rubber

Financial

Net Operating Income
$6,000
Tax Year
2023
Taxes
$5,979
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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1856 W 47th Street
Chicago, IL