1856 W 47th ST Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60609
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 1,121 sqft
Price per Sqft $151
MLS Listing ID 12215577
Year Built 1904
Annual Tax Amount $5,978
Tax Year 2023
Property Description
This versatile, single-tenant retail building is perfectly suited for various uses, including a retail store, barbershop, salon, or office space. Situated on bustling 47th Street, a thriving and vibrant retail corridor, the property benefits from high visibility and foot traffic. Located within a Federal Enterprise Zone, it offers valuable incentives such as property tax and transfer tax abatements, sales tax exemptions on building materials and machinery, and taxable income credits. Please note, the business or adjacent lot is not included in the sale.
Location
State IL
County Cook
Area Chi - New City
Zoning COMMR
Interior
Cooling Window Unit(s)
Exterior
Roof Type Rubber
Building
Dwelling Type Retail/Stores
Structure Type Brick