706 - 708 East 47th StreetChicago, IL 60653Price: $799,000

  • Price: $799,000
  • 41 Days on Market
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Federal 30-year interest rate: 6.57% last updated on May 25, 2023
* 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.
  • 0.17Acreage
  • 15,000Square Feet
  • 1911Year Built

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Incredibly rare opportunity to own the iconic Sydni Building in the heart of Bronzeville. The Sydni Building was the site of the 708 Blues Club, which has ties to legendary musicians including Buddy Guy, Muddy Waters and many others. This 15,000 square foot 2-story building boasts an impressive timber post and beam structure and a dramatic barrel-vaulted open bow truss ceiling. Extensive repairs have been completed and the property is ready for your custom build-out. Some recent improvements include: the interior exposed brick walls have been tuckpointed and sandblasted offering a stylish loft aesthetic; The first-floor concrete floor was re-built; all new underground sewer and plumbing has been installed with numerous futures in the center of the building to offer build-out flexibility; and the stairwell and elevator shafts have been rebuilt. The building includes a rear loading dock with overhead door off the alley, average 12-foot ceiling heights, and a partial basement at the rear. Previous plans negotiable. An additional 50'x125' vacant lot behind the building with plans for 15 parking spaces can be negotiated. See MLS# 11763733. Flexible B1-1 zoning to allow a wide range of possible uses. Don't miss this opportunity to own a piece of Bronzeville history.

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Listed by Anthony Disano and William Volpe of Parkvue Realty Corporation

Based on information submitted to MRED  as of May 31, 2023 . 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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