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706 E 47th Street

Chicago, IL 60653
  • $899,000
  • STATUS: Active
  • ON SITE: 128 Days
  • MLS #: 11643031
UPDATED: 76 min ago
$899,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1911
County:

School Ratings & Info

Description

The Sydni Building is a 15,000 sq. ft. totally gutted brick structure with concrete floors on the 1st level and wood floors on the 2nd level. The 1st level concrete was a total demo replaced with CA6 & CA7 limestone, compacted, vapor barrier, wire mesh, 5/8" rebar and 5-6" concrete pour. There is a partial sub-basement at the rear of the building. The structure is supported by timber beams and columns. The interior walls are currently exposed brick which have been sandblasted and tuck-pointed. The 2nd level is an open bow truss design with an average 12 ft. ceiling supported with arched wood trusses. The ceiling height for the 1st floor is also approximately 12 ft. The 1st floor has a large dock with an overhead service door in the rear of the building off the alley. There are plans for 15 parking spaces in the vacant lot behind the building. Some of the extensive work has already been completed. All new underground sewer and plumbing work has been recently installed with 6 futures installed placed down middle of building for additional tentative sewer/plumbing lines to be placed. Bathrooms are plumbed on the 1st floor; both the 1st & 2nd floor bathrooms are studded. In addition, the building's interior brick walls & ceiling timbers have been repaired, power washed, & tuck-pointed. The roof has been repaired & sealed. The stairwell shafts have been rebuilt, and the elevator shaft has been repaired ready for the elevator mechanicals to be installed. The owner is willing to negotiate the inclusion of their city-approved, permitted & stamped architectural plans. That could save the buyer time & dollars without having to begin their design & drawings from scratch. This building has an extremely rich history of the 708 Blues Club site. Many past musical greats like Muddy Waters, Buddy Guy, others are linked to the site. If you are looking to use this for entertainment, this location is ideal for your project.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2023-02-06T22:57:25.907 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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706 E 47th Street Chicago, IL 60653

  • Price: $899,000
  • Status: Active
  • On Site: 128 Days
  • Updated: 76 min ago
  • MLS #: 11643031
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1911
Built
Neighborhood:
Chi - Grand Boulevard
County:
Cook
Area:
Chi - Grand Boulevard
Property Description
The Sydni Building is a 15,000 sq. ft. totally gutted brick structure with concrete floors on the 1st level and wood floors on the 2nd level. The 1st level concrete was a total demo replaced with CA6 & CA7 limestone, compacted, vapor barrier, wire mesh, 5/8" rebar and 5-6" concrete pour. There is a partial sub-basement at the rear of the building. The structure is supported by timber beams and columns. The interior walls are currently exposed brick which have been sandblasted and tuck-pointed. The 2nd level is an open bow truss design with an average 12 ft. ceiling supported with arched wood trusses. The ceiling height for the 1st floor is also approximately 12 ft. The 1st floor has a large dock with an overhead service door in the rear of the building off the alley. There are plans for 15 parking spaces in the vacant lot behind the building. Some of the extensive work has already been completed. All new underground sewer and plumbing work has been recently installed with 6 futures installed placed down middle of building for additional tentative sewer/plumbing lines to be placed. Bathrooms are plumbed on the 1st floor; both the 1st & 2nd floor bathrooms are studded. In addition, the building's interior brick walls & ceiling timbers have been repaired, power washed, & tuck-pointed. The roof has been repaired & sealed. The stairwell shafts have been rebuilt, and the elevator shaft has been repaired ready for the elevator mechanicals to be installed. The owner is willing to negotiate the inclusion of their city-approved, permitted & stamped architectural plans. That could save the buyer time & dollars without having to begin their design & drawings from scratch. This building has an extremely rich history of the 708 Blues Club site. Many past musical greats like Muddy Waters, Buddy Guy, others are linked to the site. If you are looking to use this for entertainment, this location is ideal for your project.
Exterior Features

Exterior Building Type Brick Foundation Details Brick/Mortar Frontage Type City Street Land Amenities Sidewalks Outdoor Parking Other Waterfront YN No

Interior Features

Cooling None Heat Ventilation Other

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 15000 Built Before1978 YN Yes Current Use Commercial Geographic Locale Chicago South Gross Scheduled Income 0 Location In City Limits Mls Actual Status Active Net Operating Income 0 Operating Expense 0 Ownership Types Corporation Possible Use Commercial Property Offered For Sale Only Tax Annual Amount 30276.1 Tax Year 2020 Township Hyde Park Type Instut/To Develop Utilities Electric To SiteGas To Site Zoning Commr

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Ware Realty Group, Llc: 312-376-1448.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2023-02-06T22:57:25.907 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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