1335 W 47TH Street Chicago, IL $ 995,000
1335 W 47TH Street
$ 995,000
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1335 W 47TH Street

Chicago, IL, 60609
$ 995,000
Baths0.0 Sq 42,823

Monthly Estimate*

$ 6,950

1335 W 47TH Street, Chicago, IL 60609 - Image 1
1335 W 47TH Street, Chicago, IL 60609 - Image 2
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1335 W 47TH Street, Chicago, IL 60609 - Image 4
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1335 W 47TH Street, Chicago, IL 60609 - Image 10
1335 W 47TH Street, Chicago, IL 60609 - Image 11
1335 W 47TH Street, Chicago, IL 60609 - Image 12
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Studio

Commercial Property for sale in Chicago, IL

for $995,000. This 42,823 square foot building was built in 1921 on a lot size of 0.33.

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.

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Commercial Active

Price

$ 995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 42,176

Style

Commercial

Lot Size

0.33

Year Built

1921

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11937303

Features
General
Cooling Central Air
Utilities Electric to Site
Possession Closing
Roof Membrane Rubber
Zoning INDUS
Construction Materials Concrete Steel Siding
Year Built 1921
Electric Over 600 Amps
Tenant Pays Other
Stories 3
Township South Chicago
Property SubType Manufacturing / Warehousing
Tax Year 2021
Current Use Commercial
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Industrial
Status Active
Directions West of Racine to 1335 West 47th Street
City Chicago
MLS Area CHI - New City
Lot Size Square Feet 14474
Street Name 47TH
Tax Annual Amount 42176
Additional Parcels Y/N Y
Leasable Area 0
Virtual Tour https://tours.vht.com/BWI/T434358415/nobranding
Days on Market 65
Standard Status Active
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Exterior
Building Area Total 42823
Lot Dimensions 115 X 125
Lot Size Acres 0.33
Frontage Type City Street
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Interior
Street Suffix Street
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* Excluded Features
List By
Baird & Warner

Broker

wesley.jonberg@bairdwarner.com

Email

Affordability Calculator

$10,465
Per Month
66%
34%
0%
Monthly Principal & Interest
$6,950
Monthly Property Taxes
$3,515
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/6/2024$995,000 -19.89% Price Down
1/8/2024$1,242,000 Listed Price

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1335 W 47TH Street, Chicago, IL, 60609 is a Commercial Property for sale at $995,000 with 42,823 sqft and a lot size of 0.33. 1335 W 47TH Street is a studio with 0.0 baths and was built in 1921. The property's zip code is 60609 which is in Chicago, IL