For Lease
$33/SF/YR

1424 47Th St Chicago, IL 60609

Chicago Strip Mall: Spaces Available

Overview

Added:
Dec 11, 2024
Days on market:
127
Bishop Plaza, a vibrant 55,775 square foot retail strip center in Cook County, offers exceptional opportunities for businesses seeking high-visibility locations in a diverse Chicago neighborhood. Built in 1987, this established center boasts a strong tenant mix including Aviva Clothing, UI Health Medical & Dental, Little Caesar's, America's Best Optical, the US Post Office, and the newly opened CLS Plasma. The property features multiple spaces available, ranging from a minimum of 1,250 square feet to a maximum contiguous space of 19,292 square feet; a total of 20,542 square feet is currently vacant. Rental rates are competitive, ranging from $16 to $33 per square foot, with common area maintenance and taxes totaling $11.05 per square foot. The center benefits from its strategic location, with a CTA bus stop directly at the corner, ensuring high foot traffic and accessibility. The necessity-based tenants, including the post office and medical facilities, provide a stable and consistent customer base. This property presents a compelling investment opportunity in a thriving, diverse community with significant potential for growth. The center's strong existing tenant base and convenient location make it an ideal choice for a variety of retail businesses.

Highlights

  • 55,775 SF retail strip center in Cook County.
  • Multiple tenancies available, ranging from 1,250 SF to 19,292 SF contiguous.
  • 20,542 SF currently vacant.
  • Built in 1987.
  • Rent: $16 - $33/SF; CAM & Taxes: $11.05/SF.

Property Details for 1424 47Th St

Property type
Neighborhood centers, Retail properties
RSF (Rentable sq. ft)
55,775 SF
Year Built
1987

Unit(s) available at that property

Space
Space 5
Size
2,379 SF
Rate per SF
$33
Space
1424
Size
19,292 SF
Rate per SF
$33
Space
4638
Size
1,750 SF
Rate per SF
$33
Space
1408
Size
1,250 SF
Rate per SF
$33
Space
Space 7a
Size
15,850 SF
Rate per SF
$33

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.8089958
Longitude
-87.6602031
1424 47Th St, Chicago, Illinois

FAQs

What type of property is this?
Neighborhood center - Chicago Strip Mall: Spaces Available
Where is the neighborhood center located?
The property is located at 1424 47Th St Chicago, IL.
What is the lease rate?
The lease rate is $33/SF/YR.
What are key features of this property?
This property features: 55,775 SF retail strip center in Cook County.; Multiple tenancies available, ranging from 1,250 SF to 19,292 SF contiguous.; 20,542 SF currently vacant.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1424 47Th St
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