1456 West 47th StreetChicago, IL 60609Price: $1,400,000

  • Price: $1,400,000
  • 95 Days on Market
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Federal 30-year interest rate: 3.56% last updated on Jan 20, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 7,280Square Feet
  • 1988Year Built

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This is your perfect opportunity to invest in the Back of the Yards neighborhood. This building features 7,280 square feet as well as 10 parking spots. The parking could be more if the gated area was opened to create additional parking. This area is one of 10 priority communities selected as a part of the initial phase of Mayor Lightfoot's INVEST South/West commercial corridor improvement strategy. INVEST South/West's goal is to re-activate neighborhood cores that have historically served as focal points for pedestrian activity,shopping,services,transportation,public spaces and quality-of life amenities for local residents. The priority focus is the intersection of 47th Street and Ashland Avenue and adjacent blocks. The project will redevelop a vacant,City-owned lot at 1515 W. 47th St. with a 50-unit affordable apartment building that includes a ground floor business hub and youth programming space. Ground breaks Spring of 2022 with an estimated completion of August 2022. High traffic area for any new business!

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Listed by Laura Rodriguez and Alexander Partida of Realty of Chicago LLC

Based on information submitted to MRED  as of January 23, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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