1347 W 47th St
Chicago, IL 60609
Sq. Ft.
1347 W 47th St , Chicago, IL 60609 1347 W 47th St , Chicago, IL 60609 1347 W 47th St , Chicago, IL 60609 1347 W 47th St , Chicago, IL 60609 1347 W 47th St , Chicago, IL 60609

Executive Summary

New construction retail storefront for lease in up and coming New City neighborhood, which consists of Canaryville and Back of the Yards neighborhoods, 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. Great opportunity to start your business and work directly with the developer. The East unit is 1250 SF and the west unit is 1100 SF or lease the entire space for a total of 2350 SF. ‘Vanilla Shell’ delivery, with open plumbing before your build-out. All build-out must go through the owner’s construction company, the owner will provide a competitive quote and adequate delivery per the lessee’s plan.

New City winning development project, United Yards, is a $51.5 million joint venture of Celadon Partners and the Blackwood Group planned for multiple vacant and improved properties near Ashland Avenue and 47th Street. 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. Additional phases will revitalize a largely vacant, four-story commercial building at 4701 S. Ashland Ave. with 30 senior rental apartments and a ground-floor coffee shop; redevelop vacant land at 1641 W. 47th St. with a pair of affordable, three-flat buildings; and enhance an existing supportive living center at 4707 S. Marshfield Ave. with a medical clinic, dialysis center, and park space. The proposed project will create 44 permanent jobs and more than 330 construction jobs.

Download the Offering Memorandum

All Available Locations

Space Size Term Rate Space Use Condition Available
1st Fl, Ste 1347 East 1,100-2,350 SF SF Negotiable $ $26.00 /SF/YR /SF/YR Retail Shell Space Now
1st Fl, Ste 1347-West 1,100-2,450 SF SF 3 Yrs $ $26.00 /SF/YR /SF/YR Retail Full Build-Out Now

Property Location

Chicago » 60609 » 1347 W 47th St

Property Details

Status Active
Listing Type For Lease
Property Type Retail
Building Size 2,350 Sq. Ft.
Price $26

Broker Contact

Tuyen Nguyen

Mobile: (773) 879-0713

Office: (773) 327-9300

Email: TuyenN@crer.com

vCard: Download