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47th @ NEC 47th & Lake Park Ave
Chicago, IL 60653 Kenwood

Rate Upon Request

Unknown For Lease  •  1,100+ SF

Property Details

  • Property Type Unknown
  • Year Built 1990
  • Total Building Size 16,752 SF
59 Transit Score
82 Walk Score

2 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste G Retail 1,320 SF Rate Upon Request
  • Date available: Feb 2026
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Built out as: Standard Retail
  • Space Type: Relet
1st Floor Ste I Retail 1,100 SF Rate Upon Request 
TENTATIVE AVAILABILITY.  The Lease currently terminates in June, 2026.  The Tenant has the opportunity to extend its lease for 3 years, but has not yet done so.

  • Date available: Jul 2026
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Built out as: Restaurants And Cafes
  • Space Type: Relet

Description 

Lake Park Plaza offers a prime retail opportunity in Chicago’s historic Kenwood neighborhood, adjacent to Hyde Park and minutes from the University of Chicago and its world-class medical center. This vibrant retail center benefits from direct access to Lake Shore Drive via 47th Street and proximity to Metra, ensuring strong connectivity for both commuters and local residents. The property serves a dense trade area of over 41,000 residents within a one-mile radius, boasting an average household income of $77,242 and annual spending exceeding $487,000.

The center features a dynamic tenant mix including Dunkin Donuts, Beggars Pizza, and JJ Fish & Chicken, creating a strong draw for daily traffic. With 2022 traffic counts on 47th Street at 16,100 AADT, visibility and accessibility are unmatched. The surrounding Kenwood community is known for its architectural charm, cultural heritage, and notable residents, while Hyde Park continues to thrive as a hub for education, healthcare, and innovation. Nearby landmarks such as the Obama Presidential Center and Lake Michigan shoreline further enhance the appeal of this location.

This is an ideal setting for retailers seeking a high-profile presence in a neighborhood that blends historic character with modern vibrancy. The property’s zoning (B3-3) supports a wide range of retail uses, making it a versatile choice for expanding brands.

Highlights

Close in proximity to the University of Chicago and the top -rated University of Chicago Medical Center
Direct access to Lake Shore Drive on 47th Street and Metra. 2022 AADT on 47th
Serves Hyde Park and Kenwood communities with 41,000 in one mile and an average income of $77,242.
Anchored by Dunkin Donuts, Beggars Pizza, JJ Fish & Chicken

Property Flyers

Amenities

  • Pylon Sign

Major Tenants

Tenant SF Occupied Lease End Date
Baskin-Robbins
Boost Mobile Authorized Retailer
Charleys Philly Steaks
Dunkin' 8/31/2033
Fish and Chicken 10/31/2020
Fung's Chop Suey
Italian Fiesta Pizzeria
MetroPCS
Spincycle Coin Laundry
T J Beauty Supply

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)) 2 min 16 min 0.8 mi
AirportDriveWalkDistance
Chicago Midway International 17 min - 9.0 mi
Chicago O'Hare International 38 min - 24.1 mi
Roxanne Gardner 312-262-1400 Property Solutions Group LLC
Roxanne Gardner 312-262-1400 Property Solutions Group LLC