$615,000

601 W 47th Street, Chicago, IL 60609

5,780 sqft

Commercial Property
Built in 1893
3,049sqft lot
—— car garage
$106/sqft
Listed ——

Property Description

Massive 5,780 sq ft mixed-use building ideally located on busy, high-traffic 47th St in Canaryville. This versatile property offers exceptional visibility and endless potential for investors or owner-operators alike. The 1st floor features an expansive 2,742 sq ft commercial storefront with impressive 13-ft ceilings, creating a bright and open workspace ideal for a variety of business uses. The space is currently configured as a hardware store for retail, but would also be perfect for mechanical shops, restaurant, cafe, showroom, or many other commercial opportunities. Attached to the storefront is a newer oversized brick 2-car garage, providing additional storage and functionality. The 2nd and 3rd floors offer large, light-filled residential living with approximately 1,500+ sq ft, featuring 3 bedrooms and 1.1 baths. The units include an expansive living room with fireplace, formal dining room, large kitchen, generously-sized bedrooms with ample closet space, private balcony, and rear deck access. Additional highlights include hardwood flooring, exposed brick accents, high ceilings, in-unit washer/dryer, and central heat/air conditioning, blending character and comfort throughout. Plenty of parking - 7 outdoor parking spaces in addition to the 2-car garage. Separate gas and electric meters add convenience for multi-tenant or mixed-use ownership. Excellent location with easy access to I-90/94 and close proximity to downtown, Chinatown, the lakefront, major commercial corridors, new developments, and more. Outstanding investment opportunity with strong income and redevelopment potential!

Listing Status:: Active
Data Last Updated:: May 22, 2026 at 7:18AM
Listing Office:: Century 21 S.G.R., Inc. : 312-730-8319
Listing Agent:: Qizhong Guan : 312-730-8319
MLS ID:: 12655207

A/C: Central Air
Fireplace: Fireplaces: 2

Roofing: Rubber
General: Concrete Perimeter

Originating MLS: mred
County: Cook

Zoning: 20091010210000
Current Use: Commercial

Utilities: Circuit Breakers

Source: mred

This listing courtesy of Qizhong Guan , Century 21 S.G.R., Inc.

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Principal & Interest $
Property Taxes $
Home Insurance $
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