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    329 E 47TH Street

    Chicago, IL 60653
    • $300,000
    • STATUS: Active Under Contract
    • ON SITE: 106 days
    • MLS #: 11057310
    Under Contract
    UPDATED: 47 min ago
    $300,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,100
      SQFT
    • $97
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1987
    County:

    School Ratings & Info

    Description

    The property is a 3,100 SF transit-oriented, single-tenant, retail building, 100% occupied by JJ Beauty under a 5-year lease that runs through September 2025. The tenant has a 12-year operation history at the property and handles all of the maintenance. The asset is conveniently located on East 47th street, which contains several national and regional retailers and restaurants. The property is located at the exit of 47th Street CTA Red/Green Line train Station. The property is located 1.5-mile from the University of Chicago, 1.5 miles from Lake Michigan, and 5 miles from downtown Chicago.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2021-08-02T17:54:35.227 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    329 E 47TH Street Chicago, IL 60653

    • Price: $300,000
    • Status: Active Under Contract
    • Updated: 47 min ago
    • MLS #: 11057310
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    3,100
    SQFT
    $97
    $/SQFT
    1987
    Built
    Neighborhood:
    Chi - Grand Boulevard
    County:
    Cook
    Area:
    Chi - Grand Boulevard
    Property Description
    The property is a 3,100 SF transit-oriented, single-tenant, retail building, 100% occupied by JJ Beauty under a 5-year lease that runs through September 2025. The tenant has a 12-year operation history at the property and handles all of the maintenance. The asset is conveniently located on East 47th street, which contains several national and regional retailers and restaurants. The property is located at the exit of 47th Street CTA Red/Green Line train Station. The property is located 1.5-mile from the University of Chicago, 1.5 miles from Lake Michigan, and 5 miles from downtown Chicago.
    Exterior Features

    Construction Materials Block Docks None Foundation Details Concrete Perimeter Frontage Type City Street Location Mixed Use Area Number Of Drive In Doors 0 Number Of TLDocks 0 Parking Total 2 Roof Rubber Roof Structure Flat

    Interior Features

    Cooling Central Air Electric Circuit Breakers201-600 Amps Fire Protection Fire Extinguisher/S Flooring Vinyl Heat Ventilation Central Heat/Indiv Controls Leasable Area 0

    Property Features

    Additional Parcels YN No Current Use Commercial Electric Expense 0 Existing Lease Type Modified Gross Exterior Building Type Brick Financial Amounts For Total Building Rental Yes Fuel Expense 0 Gross Income 48720 Gross Scheduled Income 48720 Insurance Expense 1750 Known Encumbrances Option To Lease Lot Size Dimensions 0.08 Min Avail Sq Ft Rentable 0 Number Of Tenants 1 Operating Expense 15467 Other Expense 0 Property Offered For Sale Only Tax Annual Amount 13717 Tax Year 2019 Tenant Pays ElectricityHeatJanitorial ServiceSewer Total Monthly Income 4060 Trash Expense 0 Utilities Electric To SiteGas To Site Water Drainage Floor Drains Water Sewer Expense 0 Zoning Commr

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of City Habitat Realty Llc.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2021-08-02T17:54:35.227 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    Chicago IL, 60614