Prime Retail & Commercial Spaces for Lease | 541 E 47th St, Bronzeville, Chicago

549 East 47th Street,, Chicago Illinois, 60653

Listing ID: CL-Illinois-28387 Commercial Mixed Use Retail
Published on: Tuesday, September 1, 2026 | Updated on: Tuesday, September 1, 2026

Listing Summary

Secure your business presence in the historic Bronzeville Jazz District with flexible commercial and retail spaces for lease along E. 47th Street. Offering multiple suites ranging from 1,190 SF to 2,447 SF with competitive lease rates starting at $20.00/SF/YR NNN, this B3-3 zoned property is ideally suited for neighborhood retail, dining, medical clinics, or professional offices steps from Keller Williams ONEChicago’s local office.

Full Description

Capitalize on a premier leasing opportunity in one of Chicago’s most culturally rich and rapidly growing commercial corridors at 541-549 E. 47th Street. Located in the heart of the historic Bronzeville neighborhood, this dynamic property features highly visible street-level spaces designed to accommodate diverse commercial operations, from boutique retail storefronts to medical practices and corporate offices.

Flexible Available Spaces & Competitive Pricing

The property offers multiple contiguous and divisible options to fit your exact footprint requirements:

  • 535 - 537 E. 47th St: Offered at $20.00/SF/YR NNN

  • 547 - 549 E. 47th St: Offered at $20.00/SF/YR NNN

  • 549 E. 47th St: Offered at $25.00/SF/YR NNN

  • Divisible Street-Level Units: Ranging from 1,190 SF to 1,241 SF, combining up to a total available footprint of 2,447 square feet.

Versatile B3-3 Zoning & Neighborhood Synergy

Benefiting from flexible B3-3 zoning, the space supports a multitude of uses including sit-down restaurants, specialty retail, financial institutions, medical/dental offices, and professional services (such as law, title, and real estate firms). Tenants enjoy predictable operational overhead with estimated CAM and property taxes at an affordable $4.00/SF, ensuring an efficient cost structure in a high-traffic, community-focused location.

Quick Glance

  • Listing ID: CL-Illinois-28387
  • Status: Active
  • Year Build: 2026
  • Building Size: 50,000 SqFt
  • Lot Size: 1,240.00 SqFt

Property Documents

No documents available.

Complete Details

  • Year Build: 2026
  • Building Size: 50,000 SqFt
  • Total Lot Area: 1,240.00 SqFt
  • No of Total Units: 3
  • Heating and Cooling: Not Specified
  • Building Class: Class B

Pricing Details

  • Acquisition Option Traditional Purchase
  • Rent $20.00 / Yearly
  • Move-in Cost $0.00
  • Lease Terms $20 - $25/SF/YR Lease term 5+ years, NNN
  • Available From Sep 01, 2026
  • Business Included No

Additional Features

Highlights
  • Prime Bronzeville Location: Situated directly along the bustling E. 47th Street corridor within the historic Jazz District.
  • Affordable Rental Rates: Options available starting at $20.00/SF/YR NNN up to $25.00/SF/YR NNN.
  • Predictable Operating Expenses: Estimated CAM and property taxes pegged at a manageable $4.00/SF.
  • Flexible Sizing: Individual units starting around $\pm 1,190\text{ SF}$, with options to expand based on business needs.
  • Proximity to Business Hubs: Positioned directly near Keller Williams ONEChicago’s Bronzeville office, creating robust local professional synergy.
Features
  • Total Building Footprint: Multi-unit availability with spaces ranging from $\pm 1,190\text{ SF}$ to $\pm 2,447\text{ SF}$
  • Zoning Classification: B3-3 (Accommodates retail, restaurant, medical, and professional service uses)
  • Visibility & Access: High-traffic street exposure with excellent foot and vehicular traffic
  • Signage Opportunities: Prominent storefront signage potential to maximize brand awareness
  • Surrounding Area: Densely populated residential trade area surrounded by established local businesses and cultural landmarks

Listing Location

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