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Property Description
534 E 47th Street - Chicago, IL 60615 Fantastic opportunity in the heart of the Bronzeville Blues District! Approx. 6,000 SF of interior space plus 5,000+ SF of connected outdoor area. Ideal for cultural, creative, or community-oriented users. The space is a blank canvas-bring your vision! Can be delivered as one large unit or divided into two approx. 3,000 SF spaces. Features include ample gated parking in the rear and high visibility along 47th Street.
Full Property Details
Full Property Details for 536 E 47th St
General
- Price: $20
- Taxes: $21,000 (2023)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12400869
- Updated: 8/26/2025
- Added to Site: 255 day(s) ago
Business
- Business Type: Retail
Additional Information
- Security/Safety: Sprinklers (Wet)
Location
- Area: CHI - Grand Boulevard
- County: Cook
- Township: Hyde Park
- Driving Directions: From Lake Shore Drive, go west to 536 E 47th Street, three blocks west of Cottage Grove. From the Dan Ryan, go east three blocks east of King Drive.
- Location Details: Mixed-Use Area, Empowerment Zone, Enterprise Zone, In City Limits
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual
- Heating Type: Ceiling Units
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Ceiling Height: 12
- Stories/Levels: 1
- Current Bldg. Use: Commercial, Medical/Dental
- Year Built: 1913
Lot Features
- Lot Size (Sq. Ft.): 11,000
- Frontage: City Street
- Zoning: RTAIL
Financial Considerations
- Lease Price: $20
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Sprinklers-Wet
- Assessment Year: 1913
- Tax Amount: $21,000
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance
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Schools
Schools serving 536 E 47th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Woodson South Elementary School 4414 South Evans Avenue, Chicago, IL 60653 | PK-3 | 0.4 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 536 E 47th St
Date
Details
Price
Change
Source
8/20/2025
Price Increased
$20
66.67%
MLS
6/23/2025
Listed
$12
—
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 536 E 47th St
536 E 47th Street, Chicago, IL 60653 (MLS# 12400869) is a Commercial Lease property. 536 E 47th Street is currently listed for $20 and was received on June 23, 2025. Want to learn more about 536 E 47th Street? Do you have questions about finding other Commercial Lease 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.

