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$550,000
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Property Description
4 Story Building On The Bustling 47Th St Corridor in The Heart Of The Bronzeville Area. This Building Is Cater-Corner To The Walmart Neighborhood Marketplace On Cottage Grove, It Is Also Neighbors With Longstanding McDonalds, and Several Other Neighborhood Businesses. There Is A Private Parking Lot For Up To 30 Cars. Location Is in The Chicago Enterprise Zone 2 Allowing For Tax Breaks and Matching Redevelopment Fund Advantages To The Savvy Investor. This Is A Great Building For General Offices Including Real Estate, Law, Insurance, Title Company Amongst Others.
Full Property Details
Full Property Details for 716 E 47th St
General
- Sold For: $550,000
- Taxes: $12,751 (2016)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 09840649
- Added to Site: 2, 533 day(s) ago
Parking
- Garage Spaces: 1-5
- Parking: 19 to 30 Spaces
- Garage Description: 1-5 Spaces
Location
- County: Cook
- Driving Directions: NORTH ON LAKE PARK TO 47TH ST, WEST TO ADDRESS.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls, Electric, Forced Air, Gas, Operable Windows/Systems Vary-Call List Agt, Ceiling Fans
Structural Information
- Construction: Brick
- Square Feet: 5,520
- Current Bldg. Use: Office and Research
- Year Built: 1907
Lot Features
- Lot Dimensions: 75 x 153
- Zoning: COMMR
Financial Considerations
- Tax Amount: $12,751
- Tax Year: 2016
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Schools
Schools serving 716 E 47th St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
4414 S Evans Ave, Chicago, IL 60653 | K-8 | 0.3 mi | |
244 E Pershing Rd, Chicago, IL 60653 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 716 E 47th St
Date
Details
Price
Change
Source
11/21/2018
Sold
$550,000
-24.14%
MLS
1/25/2018
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
716 East 47th Street, Chicago, IL 60653 (MLS# 09840649) is a Commercial property that was sold at $550,000 on November 21, 2018. This property was listed by Maikol Akintonde from our Northwest Indiana Office.Want to learn more about 716 East 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.