1501 W 47th Street, Chicago, IL, 60609

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$390,000
107 Days On Site

1501 W 47th Street
Chicago, IL 60609

For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1933
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of RE/MAX Partners
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877 582 4399
1501 W 47th Street1501 W 47th Street1501 W 47th Street1501 W 47th Street
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Mixed Use Building located in up and coming New City!! New condo development just steps from 47th Street and Laflin Ave, a prime corner location. A versatile mixed-use gem, it seamlessly blends the best of commercial and residential living, making it an enticing prospect for an entrepreneur/occupant. The property's charm is evident from the outset, with a spacious storefront that stands ready to accommodate an array of business ventures. Positioned strategically at a corner, it enjoys a high-visibility presence, drawing attention from the steady stream of passersby. Moving beyond the commercial aspect, the true essence of this property comes to life in the MASSIVE apartment at the rear - it's like a single-family home, boasting a bit over 1,600 square feet of living space. With three generously sized bedrooms and two full bathrooms, it offers an unparalleled haven of comfort. The separate kitchen, formal living room, family room, and huge dining room exude an air of sophistication and cater to various lifestyle needs. Descend to the basement, and you'll find a space brimming with potential. While currently unfinished, its impressive size and well-maintained condition present a blank canvas for creative transformation. What sets this property apart is its rich history and cherished ownership. With over two decades of family run business, it has been thoughtfully and lovingly maintained. Now, it stands ready to welcome a new chapter, offering the perfect opportunity to continue its legacy while creating something uniquely yours. Tif funding area and special financing options available.

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Listing Snapshot
Price 
$390,000
Days On Site 
107 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1933
MLS® Number 
12275464
Status 
Active
Property Tax 
$2,211.82
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing updated with changes from the MLS®
3 months agoStatus changed to Active
4 months agoListing first seen on site
General Features
Additional Property Use 
CommercialRetail
Number Of Stories 
1
Property Sub Type 
Mixed Use
Zoning 
COMMR
Interior Features
Cooling 
Window Unit(s)
Flooring 
CarpetConcreteTileVinyl
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
CHI - New City
Township 
Lake
Listing Courtesy of MRED as distributed by MLS Grid of RE/MAX Partners



Based on information submitted to the MLS GRID as of 2025-05-12 04:18 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-05-12 04:18 AM UTC
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