512 E 47th St - Storefront Retail/Office FOR SALE


Chicago, IL 60653- Bronzeville
$300,000 USD
847-975-8358
512 E 47th St, Chicago, IL for Sale
$300,000 USD
Storefront Retail/Office - FOR SALE
1/13
null | Request Cap Rate

512 E 47th St
Chicago, IL 60653
Bronzeville


HIGHLIGHTS

  • Prime Bronzeville location on the busy 47th Street corridor with strong foot traffic.
  • Close to Harold Washington Cultural Center and major neighborhood amenities.
  • CTA Green Line station is just 0.3 miles away, offering excellent transit access.
  • Highly walkable and bike-friendly area with strong connectivity.
  • Two ground-floor retail storefronts plus a full open second floor for flexible use.
  • Ideal for retail, office, or residential conversion under B1-3 zoning.

OVERVIEW

Discover a prime redevelopment opportunity in the heart of Bronzeville! This solid brick mixed-use building offers approximately 5,000 sq ft of flexible space on a 68.75' x 120' lot. The property features two ground-floor retail storefronts and a full, open second floor: ideal for office conversion, residential units, or creative workspace. Falling in the B1-3 zoning classification, this site provides exceptional versatility for investors and developers. Feel free to reach out if you have any questions!

FOR SALE DETAILS

PRICE

$300,000 USD

PRICE/SF

$60 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Loft/Creative Space, Department Store

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

B1-3

APN/PARCEL ID

20-03-424-019-0000

ASK ABOUT THIS PROPERTY

Tyler HagueColliersMore Info
847-975-8358

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Tyler HagueColliersMore Info
847-975-8358

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.