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$699,000 Sale Pending
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Property Description
We present the sale of this industrial/warehouse building opportunity. The subject property is located at 1335 West 47th Str., Chicago, IL 60609 (the "Property"). This is an urban industrial building located in Chicago's South Side dense "Back of the Yards" neighborhood. It features a three-story masonry-constructed building, 42,823 SF GLA including basement, and 14,474 SF or 0.33 AC site, a 10-foot clear ceiling, a flat-rubber roof, fixed insulated glass windows in aluminum frames and glass block, loading dock with two bays and masonry construction throughout all three floors and basement, and a single common freight elevator that feeds all four levels of the building. The subject property is zoned C3-3 (Commercial, Manufacturing, and Employment district). The building's first floor includes a small 600 SF office buildout. The remainder of the first floor has a relatively higher-end finish and is considered to be in good condition for industrial property. The basement unit is connected to all other floors via the common freight elevator and would have the same finish and utility to a typical occupant as the second and third floors. The basement, second, and third floors are in more or less average condition for this type of industrial property and are currently under-utilized as additional storage space for ownership. Easy access to I-90/I-94 and I-55 expressways, public transportation, the Loop, and Midway International Airport. The subject property is situated in a mixed commercial and residential city setting. Excellent opportunity for a user, investor, or developer.
Full Property Details
Full Property Details for 1335 W 47th St
General
- Price: $699,000
- Taxes: $42,176 (2021)
- Status: Pending
- Type: Warehouse
- Source: MRED
- MLS ID: 11937303
- Updated: 1/26/2026
- Added to Site: 774 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: CHI - New City
- County: Cook
- Township: South Chicago
- Driving Directions: West of Racine to 1335 West 47th Street
- Location Details: Chicago Southwest
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Utilities
- Onsite: Electricity to Site
Structural Information
- Construction: Concrete, Steel Siding
- Exterior Const.: Concrete, Steel Siding
- Roof: Membrane, Rubber
- # Loading Docks: 2
- Stories/Levels: 3
- Square Feet: 42,823
- Current Bldg. Use: Commercial
- Office: 600 Sq. Ft.
- Year Built: 1921
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.33
- Lot Size (Sq. Ft.): 14,474
- Lot Dimensions: 115 x 125
- Frontage: City Street
- Zoning: INDUS
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Other
- Assessment Year: 1921
- Tax Amount: $42,176
- Tax Year: 2021
Disclosures and Reports
- Property ID: 20081040080000
Listed by Baird & Warner
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Schools
Schools serving 1335 W 47th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Hamline Elementary School 4747 South Bishop Street, Chicago, IL 60609 | K-8 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1335 W 47th St
Date
Details
Price
Change
Source
7/11/2025
Price Reduced
$699,000
-17.67%
MLS
6/12/2024
Price Reduced
$849,000
-14.67%
MLS
3/06/2024
Price Reduced
$995,000
-19.89%
MLS
1/08/2024
Listed
$1,242,000
590%
MLS
1/23/2014
Sold
$180,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1335 W 47th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$39,671
2%
$174,825
—
2022
$38,739
2%
$174,825
—
2021
$37,843
85%
$174,825
107%
2020
$20,413
9%
$84,470
—
2019
$18,713
143%
$84,470
138%
2018
$7,706
-4%
$35,444
4%
2017
$8,009
31%
$33,994
22%
2016
$6,128
8%
$27,866
—
2015
$5,683
-28%
$27,805
-27%
2014
$7,892
-50%
$38,084
-51%
2013
$15,742
—
$77,338
—
2012
$15,796
—
$77,338
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1335 W 47th St
1335 W 47th Street, Chicago, IL 60609 (MLS# 11937303) is a Warehouse property. 1335 W 47th Street is currently listed for $699,000 and was received on January 08, 2024. Want to learn more about 1335 W 47th Street? Do you have questions about finding other Warehouse real estate for sale in New City? You can browse all New City real estate or contact a Coldwell Banker agent to request more information.

