About This Home

This 0-bedroom, 0-bathroom commercial at 601 W 47th Street in Chicago, IL is listed for $615,000. Built in 1893, on a 0.07 acres lot.

Key Features

  • Built in 1893
  • 0.07 acre lot
  • 3 stories
  • Fireplace

Property Details

3 stories
1893

Amenities

FireplaceA/C
Listing 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! Sold "as-is."

Monthly Cost Estimate

$3,289/mo

20% down · 6.5% · 30 years

Principal$445
Interest$2,665
Insurance$179

Estimates only. Actual payments may vary.

Location

601 W 47th Street

Chicago, IL 60609

Property Details

Construction

Brick Frame

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 601 W 47th Street is listed at $615,000. The estimated monthly payment is $3,289 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1893, 0.07 acre lot, 3 stories, Fireplace.

This property is listed by Qizhong Guan.

QG

Qizhong Guan

Agent at Century 21 S.G.R. Inc

Listed by Century 21 S.G.R. Inc · Broker phone: (312) 326-2121 · Broker website

MLS# 12655207· Source: Midwest Real Estate Data, LLC· 164 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

601 W 47th Street, Chicago, IL 60609

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