4901 W 47th St - Commercial LAND FOR SALE


Chicago, IL 60638- Garfield Ridge33,376 SF
$1,400,000 USD
708-921-7952
4901 W 47th St, Chicago, IL for Sale
$1,400,000 USD
Commercial LAND - FOR SALE
1/11
33,376 SF

4901 W 47th St
Chicago, IL 60638
Garfield Ridge


HIGHLIGHTS

  • Neighbors Include Freestanding Starbucks, Dunkin'
  • C2-1 Allows for Expanded Uses Including Liquor Stores, Warehouses, and Auto Shops
  • 1 Block From CTA, 1/2 Mile From I-55, 1 Mile From Midway Airport

OVERVIEW

Brookline Real Estate, LLC presents the rare opportunity to acquire a highly visible commercial property positioned in a strong, visible location on Chicago's Southwest Side. A user with a need for brand exposure will benefit from the property's position on busy 47th Street. A developer or investor will benefit from attracting prime tenants given the many favored attributes of this property. Immediately surrounded by a freestanding Starbucks and Dunkin', the site sits across from Hearst Elementary School among dense single family homes near the major retail intersection of Cicero Avenue and 47th Street. Just one block from CTA bus lines, 1/2 mile from I-55, and one mile from Midway Airport, the site is in a strong transit location with heavy vehicle and foot traffic. Other national retailers at the intersection include McDonald's, BP, Taco Bell, and Subway. Currently leased by a parking business through May of 2025, the lot can continue to be used for parking given proximity to the airport. The property can alternatively be developed for a number of commercial uses as its C2-1 zoning allows for even more business types than B1 including liquor stores, warehouses, and auto shops. This rare opportunity is being offered near an active business corridor supported by Midway International Airport. Contact us to learn more!

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/ACRE

$1,827,181/AC

PRICE/SF

$42 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Prime Commercial Parcel

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Multi-Family, Apartment Units, Health Care, Parking Lot

LAND ACRES

0.77 AC

LAND SF

33,376 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

C2-1, Chicago

APN/PARCEL ID

19-09-205-041-0000

ASK ABOUT THIS PROPERTY

William LundyBrookline Real EstateMore Info
708-921-7952

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William LundyBrookline Real EstateMore Info
708-921-7952

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