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4117 W 47th St
Chicago, IL 60632
Retail Property For Sale
Executive Summary
Outstanding investment opportunity in Archer Heights! This multi-tenant commercial building features 5 separate units, currently leased to a restaurant occupying 3 units with a front patio and a staffing agency occupying 2 units with second-floor office space, providing immediate rental income. The property offers 12 dedicated on site parking spaces, plus additional parking on the side street and along W. 47th Street, ensuring convenience for tenants and customers. Situated in a high traffic, highly visible area. Investors will appreciate the combination of strong flow and prime location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
6,500 SF
Building Class
B
Year Built
1991
Price
$706,000
Price Per SF
$108.62
Cap Rate
10.23%
NOI
$72,199
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.55
Lot Size
0.27 AC
Zoning
B3-1
Parking
18 Spaces (2.77 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Tenant Controlled HVAC
Property Taxes
| Parcel Number | 19-10-205-043-0000 | Improvements Assessment | $66,393 |
| Land Assessment | $44,108 | Total Assessment | $110,501 |
Property Taxes
Parcel Number
19-10-205-043-0000
Land Assessment
$44,108
Improvements Assessment
$66,393
Total Assessment
$110,501
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