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$24
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Property Description
Excellent opportunity in the New City area! Prime 47th Street location, one of the busiest streets on the Southwest Side. Ideal for opening your own business. The main level was previously used as an income tax office for many years and offers flexible space suitable for a variety of professional or retail uses. The second floor features a spacious 4-bedroom apartment that is also available for rent, providing the option to live and work in the same building or generate additional income. Property includes a full basement perfect for storage, a 2-car garage, and 2 additional parking spaces. Conveniently located near public transportation, shopping, and dining. A must-see property ready for your business vision!
Full Property Details
Full Property Details for 1745 W 47th St
General
- Price: $24
- Taxes: $2,917 (2023)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12493457
- Updated: 10/19/2025
- Added to Site: 95 day(s) ago
Additional Information
- Security/Safety: Alarm on Site
Location
- Area: CHI - New City
- County: Cook
- Township: Lake
- Driving Directions: DAMEN TO 47TH STREET WEST TO PROPEERTY
- Location Details: Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Ceiling Height: 12
- Stories/Levels: 2
- Current Bldg. Use: Office
- Year Built: 1925
Unit Information
- # Tenants: 2
- Extra Storage Avail: Yes
Lot Features
- Lot Dimensions: 25 x 125
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- Lease Price: $23
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Alarm On Site
- Assessment Year: 1925
- Tax Amount: $2,917
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Electricity, Heat
Listed by RE/MAX Mi Casa
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Schools
Schools serving 1745 W 47th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Chavez Elementary Multicultural Academy Center 4747 South Marshfield Avenue, Chicago, IL 60609 | PK-8 | 0.2 mi |
Richards Career Academy High School 5009 South Laflin Street, Chicago, IL 60609 | 9-12 | 0.5 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 1745 W 47th St
Date
Details
Price
Change
Source
10/13/2025
Listed
$24
—
MLS
Disclaimer: Historical sales 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 1745 W 47th St
1745 W 47th Street, Chicago, IL 60609 (MLS# 12493457) is a Commercial Lease property. 1745 W 47th Street is currently listed for $24 and was received on October 13, 2025. Want to learn more about 1745 W 47th Street? Do you have questions about finding other Commercial Lease 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.

