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Property Description
Architectural Grandeur in Bronzeville with the musically historical Sydni Building. This iconic landmark was once home to the legendary 708 Blues Club, frequented by musical greats like Buddy Guy and Muddy Waters. This storied past with ties to iconic musicians make it a rare gem waiting for a new chapter. This space boasting over 7000 square feet of stunning timber post and beam construction feature a dramatic barrel-vaulted open bow truss ceiling. Ready for Your Vision: Extensive repairs and improvements have already been made, providing a blank canvas for your custom build-out. Enjoy the loft aesthetic with exposed sandblasted brick walls and a rebuilt concrete floor. Flexible B1-1 zoning, the possibilities are endless. This space can accommodate a wide range of uses, making it ideal for businesses of all types- a restaurant seems most logical but owners are open to your ideas! Benefit from an included rear loading dock with an overhead door off the alley, average 12-foot ceiling heights, stairwell's and elevator shafts have also been rebuilt. Conveniently located in the heart of Bronzeville with shopping, transportation, restaurants, expressways and more all close by.
Full Property Details
Full Property Details for 708 E 47th St
General
- Taxes: $27,398 (2021)
- Status: Closed
- Type: Commercial Lease
- Source: MRED
- MLS ID: 11888873
- Added to Site: 884 day(s) ago
Location
- Area: CHI - Grand Boulevard
- County: Cook
- Driving Directions: E/W on 47th Street located between Cottage Grove and King Drive.
- Location Details: In City Limits
Heating & Cooling
- Cooling Type: None
- Heating Type: Other
Utilities
- Onsite: Electricity to Site, Gas to Site
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Brick/Mortar
- Drive-In Doors: 1
- Stories/Levels: 2
- Square Feet: 15,000
- Current Bldg. Use: Commercial
- Year Built: 1911
Lot Features
- Lot Size (Sq. Ft.): 7,000
- Lot Dimensions: 7650
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- Lease Price: $23
- For Sale/Rent/Lease: For Rent Only
- Assessment Year: 1911
- Tax Amount: $27,398.9
- Tax Year: 2021
- Tenant Pays: Common Area Maintenance
Disclosures and Reports
- Property ID: 20034270320000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 708 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 |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
708 E 47th Street, Chicago, IL 60653 (MLS# 11888873) is a Commercial Lease property that was sold on September 19, 2023. This property was listed by Dan Merrion from our Lincoln Park Office.Want to learn more about 708 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.



