1501 West 47th Street
1501 West 47th Street
$389,999
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Contingent
Description
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...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.
- Listed by Eduardo Garcia • Realty of Chicago LLC
Property Details for 1501 West 47th Street
Area
CHI - New City
Num of Interior Fireplaces0
ZoningCOMMR
Location
LISTING UPDATED: 04/29/2024 09:25 AM
Property Details for 1501 West 47th Street
Status | Contingent |
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MLS # | 11875320 |
Days on Market | 241 |
Taxes | $2,212 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1935 |
Lot Size | 0.07 AC / 3,131 SF |
County | Cook County |
Location
Building Information for 1501 West 47th Street
Stories-Residences2Year Built1935Lot Size0.07 AC / 3,131 SF
Payment Calculator
$2,313 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1501 West 47th Street
Property History for 1501 West 47th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1501 West 47th Street
Taxable ValueLand$2,974Additions$8,025Total$10,999
Tax Record2022$855 ($71 / month)
Home Facts
Baths3.5Total Finished SqFt2,818 SqFtAbove Grade Finished SqFt2,818 SqFtStories1Lot Size3,131 SqFtStyleMulti-Family Res (5+ Units)Year Built1933CountyCOOKAPN20-08-101-011
Schools near 1501 West 47th Street
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 10 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Hamline Elementary School PublicPK to 8 | ||
Peace And Education Coalition High School Public10 to 12 | ||
BACK OF THE YARDS IB HS Public9 to 12 | ||
Tilden Career Communty Academy High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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