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$750,000 Just Listed
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Property Description
Amazing 6 unit building in Grand Boulevard neighborhood near the train station. 5 awesome tenants (1 occupying 2 storefronts). Longtime tenants include a Cellphone Store, Barbershop, Beauty shop, Grocery store and a Restaurant. Great rental income. Add this spectacular income producing property to your investment portfolio.
Full Property Details
Full Property Details for 339 E 47th St
General
- Price: $750,000
- Taxes: $45,281 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12647815
Business
- Business Type: Retail
Interior
- Interior Features: Storage Inside
Additional Information
- Security/Safety: Alarm Monitored, Fire Extinguisher(s)
Location
- Area: CHI - Grand Boulevard
- County: Cook
- Township: Hyde Park
- Driving Directions: East on 47th St to address, 339 E 47th St. Building is on the South side of the street.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Foundation: Brick/Mortar
- Stories/Levels: 1
- Square Feet: 7,365
- Current Bldg. Use: Commercial
- Year Built: 1990
Unit Information
- # Tenants: 5
Lot Features
- Lot Size (Sq. Ft.): 13,000
- Lot Dimensions: 100 x 130
- Frontage: City Street
- Drainage: Floor Drains
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $55,281
- Security Deposit: Alarm Monitored, Fire Extinguisher/s
- Assessment Year: 1990
- Tax Amount: $45,281
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Repairs, Scavenger
Disclosures and Reports
- Property ID: 20101050010000
Listed by Century 21 Circle
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Schools
Schools serving 339 E 47th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Mollison Elementary School 4415 S Dr Martin L King Jr Dr, Chicago, IL 60653 | PK-8 | 0.4 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Estimate the Cost
Estimate the Cost for 339 E 47th St
339 E 47th Street, Chicago, IL 60653 (MLS# 12647815) is a Commercial property. 339 E 47th Street is currently listed for $750,000 and was received on May 17, 2026. Want to learn more about 339 E 47th Street? Do you have questions about finding other Commercial real estate for sale in Grand Boulevard? You can browse all Grand Boulevard real estate or contact a Coldwell Banker agent to request more information.

