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1400 E 47th St
Chicago, IL 60653 Kenwood

$6,950,000 USD

General Retail For Sale  •  20,815 SF

Property Details

  • Property Type General Retail
  • Total Building Size 20,815 SF
  • Lot Size 0.52 AC
  • Building Class B
  • Year Built 1990
  • Tenancy Multiple
  • Zoning B3-3
90 Transit Score
60 Walk Score

Highlights

Neighborhood Strip Center Leased to an Excellent Mix of Food and Service Tenants
Diversified Income Stream with 10 out of 11 Tenants Accounting for Less than 76 Percent of Total Base Rent
Leases Feature Annual Rent Increases, Providing an Investor with an Optimal Hedge Against Inflation | Five-Year CAGR of 2.58 Percent
Highly Stable Rent Roll | Weighted Average Lease Term (WALT) of 5.34 Years
0.2 miles from 47th Street Exit of Lake Shore Drive, which sees 108,300 vehicles per day
0.2 miles from Kenwood (47th Street) Metra Train Station | Metra Served 3.68 Million Passengers in 2025

Property Flyers

Amenities

  • Pylon Sign

Public Transportation

Commuter RailDriveWalkDistance
47th Street Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 0 min 3 min 0.1 mi
53rd Street Hyde Park Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 16 min 0.8 mi
AirportDriveWalkDistance
Chicago Midway International 18 min - 9.0 mi
Chicago O'Hare International 38 min - 24.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 62
Type: Surface
Included in Rent: Yes
Sean Sharko 630-570-2238 Sharko | Weisenbeck | Mendoza Group
Sean Sharko 630-570-2238 Sharko | Weisenbeck | Mendoza Group