4720 Cottage Grove AveChicago, IL 60615

For Lease
$26-$29 /SF/YR

Prime Chicago location, multiple units available

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional retail and restaurant opportunity is located in the vibrant Bronzeville neighborhood of Chicago, at the heavily trafficked intersection of 47th Street and Cottage Grove Avenue. The Shops at Forty-Seven offers two available spaces within a 54,932 square foot building situated on a 1.3-acre lot. One space is a 2,634 square foot former Burger King, a second-generation restaurant space boasting substantial existing infrastructure, including black iron venting, ovens, fryers, and ample walk-in coolers and freezers – ideal for a quick-service restaurant or similar food operator. The second space is a 2,207 square foot inline restaurant space featuring black-iron ventilation. Both spaces benefit from excellent visibility and co-tenancy within this established shopping center. The property also offers convenient customer parking for 85 vehicles and 72 residential units above, ensuring a steady flow of potential customers. The property is zoned PD 1095 in Cook County, Illinois, and offers a unique opportunity to establish a thriving business in a culturally rich and densely populated area. This location provides easy access to major transportation routes and benefits from a strong local community. The building's size and layout offer flexibility for various retail and restaurant concepts. This is a rare chance to secure a well-positioned space in a thriving Chicago neighborhood.

Highlights

  • Two 2nd-generation restaurant spaces available at the high-traffic corner of 47th & Cottage Grove.
  • 2,634 SF former Burger King with existing hood system and equipment.
  • 2,207 SF inline restaurant space with existing hood system.
  • Strong co-tenancy including Dollar Tree, McDonald's, and Associated Bank.
  • High traffic count exceeding 22,000 vehicles daily.
  • 72 residential units located above the retail spaces.

Unit(s) available at that property

Space
733 E 47th Street
Size
2,634 SF
Rate per SF
$29
Space
737 E 47th St
Size
2,207 SF
Rate per SF
$26

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.809504851184
Longitude
-87.607625425059
4720 Cottage Grove Ave, Chicago, Illinois

FAQs

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4720 Cottage Grove Ave
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