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747 E 47th St
Chicago, IL 60653 Bronzeville

Price Upon Request

Apartments For Sale  •  219,728 SF

Property Details

  • Property Type Apartments
  • Total Building Size 219,728 SF
  • Lot Size 5.21 AC
  • Building Class B
  • Year Built 2014
  • Zoning PD 1095
65 Transit Score
85 Walk Score

Highlights

54,932 square-foot class A first floor retail shopping center built in 2014 with average weighted lease term of nearly 13-years.
Anchored by Walmart neighborhood Market, who occupies 74.5% leaseable space.
100% leased to eight tenant providing stable cash flow with strong contract rent increases providing significant NOI growth throughout hold peroid.
Located at the highly visible hard corner of E 47th St. and S Cottage Grove Ave.
Sleek Modern design with three stories of contemporary apartments totaling 72- units.
Dense urban environment less than 5-miles from downtown Chicago with more than 600,000 people located with a 5-mile radius.

Major Tenants

Tenant SF Occupied Lease End Date
Associated Bank 1,526 SF
Burger King 2,687 SF
Fadi's Hair Salon 1,500 SF
Mr. Alan's Apparel 2,777 SF
Subway 1,068 SF
Uncle Remus Saucy Fried Chicken 2,207 SF
Walmart Neighborhood Market 43,495 SF

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Cable Ready
  • Controlled Access
  • Dishwasher
  • Microwave
  • Property Manager on Site
  • Security System
  • Washer/Dryer
  • Gas Range
  • On-Site Retail
  • Ceiling Fans
  • Hardwood Floors
  • Vaulted Ceiling
  • Refrigerator
  • Range
  • Views
  • Smoke Free
  • Wheelchair Accessible (Rooms)

Public Transportation

Commuter RailDriveWalkDistance
47th Street Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 17 min 0.9 mi
53rd Street Hyde Park Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 1.6 mi
Transit/SubwayDriveWalkDistance
47th Street Station (Green Line) (Green Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 13 min 0.6 mi
47th Street Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 17 min 0.9 mi
51st Street Station (Green Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 20 min 1.0 mi
AirportDriveWalkDistance
Chicago Midway International 16 min - 8.2 mi
Chicago O'Hare International 37 min - 23.6 mi