1501 West 47th Street, Chicago, IL

$389,999

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About 1501 West 47th Street

Nestled at the bustling crossroads of 47th Street and Laflin Avenue, this MASSIVE BUILDING unveils a world of possibilities in a prime corner location. A versatile mixed-use gem, it seamlessly blends the best of commercial and residential living, making it an enticing prospect for the savvy investor. The property's charm is evident from the outset, with a spacious storefront that stands ready to accommodate an array of business ventures. Positioned strategically at a corner, it enjoys a high-visibility presence, drawing attention from the steady stream of passersby. Moving beyond the commercial aspect, the true essence of this property comes to life in the MASSIVE apartment at the rear - it's like a single-family home, boasting a bit over 1,600 square feet of living space. With three generously sized bedrooms and two full bathrooms, it offers an unparalleled haven of comfort. The separate kitchen, formal living room, family room, and huge dining room exude an air of sophistication and cater to various lifestyle needs. Descend to the basement, and you'll find a space brimming with potential. While currently unfinished, its impressive size and well-maintained condition present a blank canvas for creative transformation. What sets this property apart is its rich history and cherished ownership. With over two decades of family stewardship, it has been thoughtfully and lovingly maintained. Now, it stands ready to welcome a new chapter, offering the perfect opportunity to continue its legacy while creating something uniquely yours. Seize the chance to be a part of this remarkable narrative and make your mark on this cherished corner.

Features of 1501 West 47th Street

MLS® # 11875320
Price $389,999
Bathrooms 0.00
Acres 0.00
Year Built 1935
Type Commercial Sale
Sub-Type Mixed Use
Status Contingent

Community Information

Address 1501 West 47th Street
Area CHI - New City
City Chicago
County Cook
State IL
Zip Code 60609

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Window Unit(s)
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 248
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRealty of Chicago LLC

Listing Map

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