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706 - 708 E 47th Street Chicago, IL 60653
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Key Details
Sold Price $799,000
Property Type Commercial
Sub Type Instut/To Develop
Listing Status Sold
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $53
MLS Listing ID 11763730
Sold Date 08/31/23
Year Built 1911
Annual Tax Amount $27,398
Tax Year 2021
Lot Size 7,405 Sqft
Lot Dimensions 7650
Property Description
Incredibly rare opportunity to own the iconic Sydni Building in the heart of Bronzeville. The Sydni Building was the site of the 708 Blues Club, which has ties to legendary musicians including Buddy Guy, Muddy Waters and many others. This 15,000 square foot 2-story building boasts an impressive timber post and beam structure and a dramatic barrel-vaulted open bow truss ceiling. Extensive repairs have been completed and the property is ready for your custom build-out. Some recent improvements include: the interior exposed brick walls have been tuckpointed and sandblasted offering a stylish loft aesthetic; The first-floor concrete floor was re-built; all new underground sewer and plumbing has been installed with numerous futures in the center of the building to offer build-out flexibility; and the stairwell and elevator shafts have been rebuilt. The building includes a rear loading dock with overhead door off the alley, average 12-foot ceiling heights, and a partial basement at the rear. Previous plans negotiable. An additional 50'x125' vacant lot behind the building with plans for 15 parking spaces can be negotiated. See MLS# 11763733. Flexible B1-1 zoning to allow a wide range of possible uses. Don't miss this opportunity to own a piece of Bronzeville history.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling None
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site
Waterfront false
View Y/N true
Building
Foundation Brick/Mortar
Structure Type Brick
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Kevin Sullivan • Coldwell Banker Realty