Chicago, IL 60609 601 W 47th Street

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Presented By: Century 21 S.G.R., Inc.
  • MLS# 12655207
  • 05/21/2026
  • Request Tour
  • Request Info
  • SQFT • 5,780

Home Details

Massive 5,780 sq ft mixed-use building ideally located on busy, high-traffic 47th St in Canaryville. This versatile property offers exceptional visibility and endless potential for investors or owner-operators alike. The 1st floor features an expansive 2,742 sq ft commercial storefront with impressive 13-ft ceilings, creating a bright and open workspace ideal for a variety of business uses. The space is currently configured as a hardware store for retail, but would also be perfect for mechanical shops, restaurant, cafe, showroom, or many other commercial opportunities. Attached to the storefront is a newer oversized brick 2-car garage, providing additional storage and functionality. The 2nd and 3rd floors offer large, light-filled residential living with approximately 1,500+ sq ft, featuring 3 bedrooms and 1.1 baths. The units include an expansive living room with fireplace, formal dining room, large kitchen, generously-sized bedrooms with ample closet space, private balcony, and rear deck access. Additional highlights include hardwood flooring, exposed brick accents, high ceilings, in-unit washer/dryer, and central heat/air conditioning, blending character and comfort throughout. Plenty of parking - 7 outdoor parking spaces in addition to the 2-car garage. Separate gas and electric meters add convenience for multi-tenant or mixed-use ownership. Excellent location with easy access to I-90/94 and close proximity to downtown, Chinatown, the lakefront, major commercial corridors, new developments, and more. Outstanding investment opportunity with strong income and redevelopment potential! Sold "as-is."
Presented By: Century 21 S.G.R., Inc.

Interior Features for 601 W 47th Street

Other Interior Features

Total Fireplaces2

General for 601 W 47th Street

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick, Frame
CoolingCentral Air
CountyCook
Current UseCommercial
Directionseast/west on 47th St to property; just east of Halsted St.
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Gross Income39000
Insurance Expense3800
Lot Size Square Feet3000
MLS AreaCHI - New City
Number Of Units Total3
PossessionClosing
Possible UseCommercial, Retail, Other
Property TypeCommercial Sale
Property TypeMixed Use
RoofRubber
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount6228.18
Tax Year2024
Tenant PaysAir Conditioning, Electricity, Heat, Other
TownshipLake
Trash Expense0
Water Sewer Expense3600
Year Built1893

Exterior for 601 W 47th Street

Building Area Total5780
Foundation DetailsConcrete Perimeter
Lot Dimensions24 x 125

Additional Details

Price History

Client Care

Price $615,000
MLS#12655207
List Date 05/21/2026
Property Type Commercial
Phone 847.485.2500
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