118 East 47th Street

118 East 47th Street, Chicago, IL 60615

Property Information

  • For Lease $18.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 10,697 SF
  • Lot Size 0.47 Acre
  • Parking Spaces Avail. 20
  • Property Tenancy Multi-Tenant
  • Year Built 1940
  • Date Updated Aug 18, 2026

Description

Bronzeville is one of Chicago's most historic and rapidly growing neighborhoods, offering a blend of cultural heritage and ongoing investment. Located just minutes south of Downtown Chicago and the South Loop, the neighborhood provides excellent accessibility via I-90/94, Lake Shore Drive, CTA Green and Red Line stations, and multiple bus routes. Bronzeville is home to the Illinois Institute of Technology (IIT) and the Illinois College of Optometry, while benefiting from its proximity to the Illinois Medical District, McCormick Place, and Guaranteed Rate Field. Continued residential development, restored historic buildings, and expanding retail and dining options have fueled the neighborhood's growth, creating an attractive location for retailers, restaurants, medical users, and service-oriented businesses.Total of 5,963 SF for lease in South Bronzeville, just off the lighted intersection of E 47th St and S Indiana Ave. The property includes two spaces: a 1,628 SF space at 118 E 47th St and a 4,335 SF space at 126 E 47th St. The units both feature open floor plans and parking lot access in the rear of the building. The units are not currently built out to be conjoined.

Highlights

  • 12,200 VPD
  • Close Proximity to CTA Red & Green Lines
  • Easy Access to Dan Ryan Expressway
  • On-site Parking
  • Open Floor Plans
  • Signalized Corner Location

2 Spaces Available

118 E 47th Sr

Space Type

Street Retail

Lease Rate

$18.00/SF/YR

Total Space

1,628 SF

Divisible Space

1,628 - 1,628 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

CAM $5.33

126 E 47th St

Space Type

Street Retail

Lease Rate

$18.00/SF/YR

Total Space

4,335 SF

Divisible Space

4,335 - 4,335 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

CAM $5.33

Contacts

Location

Located at 118 East 47th Street, Chicago, IL 60615, this property is part of the Bronzeville neighborhood and Chicago market.

Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.