312-338-3004
707 E 47th St, Chicago, IL for Sale
Office - FOR SALE
1/2
null | Request Cap Rate

707 E 47th St
Chicago, IL 60653


OVERVIEW

A nearly 22,000 square foot office/retail center located in Chicago, IL is available for sale. Assumable debt is available at 4.3% with over 4 years remaining on the term. This fully leased retail center is anchored by Dollar Tree (BBB Investment Grade Rating) and a healthcare tenant with 19 locations in Illinois. The property is ideally located one mile away from the University of Chicago campus in the high growth neighborhood of Bronzeville. Look around and see development on almost every corner. **Key Features**: - **Strategic Location**: Just west of the full interchange at 47th and Lake Shore Drive, with high traffic exposure. - **Opportunity Zone**: Eligible for preferential tax treatment. - **Strong Demographics**: 47,000+ residents within one mile. - **Parking**: 42 spaces on-site. - **Public Transit**: Half a mile from CTA Green Line 47th Street Station (373,918 annual entries). With stable tenants and a prime location, this property offers a solid investment in a growing area. . Contact us today for more details.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

B1-1

APN/PARCEL ID

20-10-204-004-0000,20-10-205-039-0000

ASK ABOUT THIS PROPERTY

Sean WagnerMillennium Properties R/E, Inc.More Info
312-338-3004

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Sean WagnerMillennium Properties R/E, Inc.More Info
312-338-3004

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