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  • Price$389,999
  • Built1935

1501 West 47th Street, Chicago

Nestled at the bustling crossroads of 47th Street and Laflin Avenue, this MASSIVE BUILDING unveils a world of possibilities in a prime corner location. A versatile mixed-use gem, it seamlessly blends the best of commercial and residential living, making it an enticing prospect for the savvy investor. The property's charm is evident from the outset, with a spacious storefront that stands ready to accommodate an array of business ventures. Positioned strategically at a corner, it enjoys a high-visibility presence, drawing attention from the steady stream of passersby. Moving beyond the commercial aspect, the true essence of this property comes to life in the MASSIVE apartment at the rear - it's like a single-family home, boasting a bit over 1,600 square feet of living space. With three generously sized bedrooms and two full bathrooms, it offers an unparalleled haven of comfort. The separate kitchen, formal living room, family room, and huge dining room exude an air of sophistication and cater to various lifestyle needs. Descend to the basement, and you'll find a space brimming with potential. While currently unfinished, its impressive size and well-maintained condition present a blank canvas for creative transformation. What sets this property apart is its rich history and cherished ownership. With over two decades of family stewardship, it has been thoughtfully and lovingly maintained. Now, it stands ready to welcome a new chapter, offering the perfect opportunity to continue its legacy while creating something uniquely yours. Seize the chance to be a part of this remarkable narrative and make your mark on this cherished corner.

Essential Information

  • MLS® #11875320
  • Price$389,999
  • Bathrooms0.00
  • Acres0.00
  • Year Built1935
  • TypeCommercial Sale
  • Sub-TypeMixed Use
  • StatusContingent
  • Taxes$2,212

Interior

  • CoolingWindow Unit(s)

Additional Information

  • Days on Market262
  • ZoningCOMMR

Community Information

  • Address1501 West 47th Street
  • AreaCHI - New City
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60609

Exterior

  • ExteriorBrick

Listing Details

  • Listing OfficeRealty Of Chicago Llc

Price Change History for 1501 West 47th Street, Chicago, IL (MLS® #11875320)

Date Details Price Change
Contingent
Active
Price Change
Price Reduced (from $400,000) $389,999 $10,001 ( 2.50% )
Active (from New)
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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Gold Coast Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on May 19th, 2024 at 2:23pm CDT.