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$650,000
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Property Description
A 3,600 square foot retail center located in Chicago, IL is available for sale. This property is situated on a substantial stretch on 47th Street in Bronzeville. Tenants at the center include Raven Scaife/Pretty Hair Boss Studio, Taqueria Varitas and LaJoie Hair Care. Prominent pedestal, ample parking and close proximity to public transportation makes this is great opportunity for an investor. This property is situated in the commercial district of Bronzeville neighborhood, one of the rapidly growing sub-divisions of Chicago's south side.
Full Property Details
Full Property Details for 700 E 47th St
General
- Price: $650,000
- Taxes: $29,725 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12136623
- Updated: 8/28/2025
- Added to Site: 521 day(s) ago
Business
- Business Type: Retail
Additional Information
- Security/Safety: Alarm Monitored
Location
- Area: CHI - Grand Boulevard
- County: Cook
- Driving Directions: The property is east of King Drive
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Stories/Levels: 1
- Square Feet: 3,600
- Year Built: 2004
Lot Features
- Lot Size (Sq. Ft.): 11,979
- Lot Dimensions: 50 x 125
- Zoning: RTAIL
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm Monitored
- Assessment Year: 2004
- Tax Amount: $29,725
- Tax Year: 2023
Disclosures and Reports
- Property ID: 20034270310000
Listed by Millennium Properties RE, Inc.
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Schools
Schools serving 700 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 | 0.3 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 700 E 47th St
Date
Details
Price
Change
Source
8/12/2024
Listed
$650,000
68.83%
MLS
8/04/2014
Sold
$385,000
—
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 700 E 47th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$29,725
3%
$122,176
—
2022
$28,909
-6%
$122,176
-8%
2021
$30,721
18%
$133,148
31%
2020
$25,933
10%
$101,736
—
2019
$23,481
2%
$101,736
—
2018
$23,010
-15%
$101,736
-7%
2017
$27,168
22%
$109,766
14%
2016
$22,256
-8%
$96,250
-15%
2015
$24,245
-2%
$113,331
—
2014
$24,647
2%
$113,331
—
2013
$24,060
1%
$113,331
—
2012
$23,790
—
$113,331
—
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 700 E 47th St
700 E 47th Street, Chicago, IL 60653 (MLS# 12136623) is a Commercial property. 700 E 47th Street is currently listed for $650,000 and was received on August 12, 2024. Want to learn more about 700 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.

