Listing provided courtesy of Finders Plus Real EstateMREDas Distributed by MLSGrid- MLS# 12035422MLS Provider

62 E 47th StreetChicago, IL 60653

Commercial
$28 Active

62 E 47th Street Overview

Time on Site:
799 days
Visits:
7

HIGH TRAFFIC RETAIL SPACE IN HISTORIC, LANDMAKRED BUILDING IN THRIVING BRONZEVILLE. OUR LAST RETAIL SPACE 2950 SF AVAILABLE Q3 2024 BUILT TO YOUR SPECIFICATIONS. GREAT LOCATION NEAR 90/94 EXPRESSWAY, CTA RED LINE AND GREEN LINES. GREAT BUS PUBLIC TRANSPORTATION ON 47TH STREET AND STATE STREET! PRIVATE PARKING AND SERVICED COMMON CONFERENCE ROOMS, KITCHENETTE AND BATHROOMS. WONDERFUL CO-TENANTS INCLUDE GEODE HEALTH, YWCA, SHAWN MICHELLES ICE CREAM AND SIP AND SAVOR COFFEE SHOP. The Rosenwald Office Center offers tremendous opportunities for your new and expanding service or creative business. A National Historic landmark on the 47th Street Retail corridor was and continues to be a magical place for our current retail and offices. This recently restored and renovated apartment community which adjoins the retail, has over 200 units where over 500 targeted residents are ready to support your business. Great visibility on a signalized intersection, High HHI and Population. Unique Landscaped Garden adjoins this spectacular space. Perfect for programming and staff common space.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

62 E 47th Street Facts & Features

  • Type Commercial

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

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

Building Information

  • Year Built: 1929

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Grand Boulevard

Rent/Lease Information

  • Tenant Pays: Electricity, Insurance, Repairs

Tax Information

  • Tax Year: 2022

General Information

  • Property Sub Type: Neighborhood Storefront
  • Property Type: Commercial Lease
  • Zoning: COMMR

Interior

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers, Separate Meters
  • Flooring: Wood
  • Leasable Area: 2950
  • Stories: 5

Unit Information

  • Unit SqFt.: 2950

Exterior

Lot Information

  • Frontage Type: City Street

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 1

62 E 47th Street Neighborhood

Community

60653 (Chicago) Demographics

35
Median Age
11,237
Population Density (per sq. mile)
43%
College Educated
$34,621
Estimated Median Income
4,433
Estimated Total Home Owners
11,501
Estimated Total Renters
28% / 72%
Estimated Owner / Renter Divide
2
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.

62 E 47th Street Market Data

Based on the last 30 days in this zip code

$445,053
Average List Price
$227
Average Price per Square Foot
19
Properties Sold
46
Average Days on Market
72
Properties for Sale
Calculations provided by Reliance Network

62 E 47th Street History

Date Event Value Agent
5/10/2025Source: MRED Status Change
Active
5/5/2025Source: MRED Price Reduction
$28 -3.4%
5/5/2025Source: MRED Status Change
Price Change
4/27/2024Source: MRED Status Change
Active
4/22/2024Source: MRED Added to Database
April 22, 2024