Chicago, IL 60609,1501 W 47th Street
Chicago, IL 60609,1501 W 47th Street
Chicago, IL 60609,1501 W 47th Street
Chicago, IL 60609,1501 W 47th Street
Chicago, IL 60609,1501 W 47th Street
Chicago, IL 60609,1501 W 47th Street
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HomeSmart Connect

HomeSmart Connect

HomeSmart Connect - Arlington Heights - Corporate Location

+1(847) 495-5000
$ 390,000
Est. payment | /mo

Save
$ 390,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12275464

Year Built 1933

Annual Tax Amount $2,211

Tax Year 2023

Lot Dimensions 25X125

Property Sub-Type Mixed Use

Property Description

Mixed Use Building located in up and coming New City!! New condo development just steps from 47th Street and Laflin Ave, 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 an entrepreneur/occupant. 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 run business, 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. Tif funding area and special financing options available.

Location

State IL

County Cook

Zoning COMMR

Interior

Cooling Window Unit(s)

Flooring Carpet, Concrete, Tile, Vinyl

Fireplace Y

Exterior

View Y/N true

Building

Structure Type Brick

Listed by Gustavo Vargas • RE/MAX Partners
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1501 W 47th Street