321 W 47th Street, Chicago, IL
  • $320,000

Description

Located in the heart of Chicago’s Canaryville/Back of the Yards area, this solid two-flat offers a versatile opportunity for both owner-occupants and investors alike. Whether you’re looking to live in one unit while generating rental income from the other, or fully lease both units for steady cash flow, this property delivers flexibility and long-term potential. Each unit offers generous living space with separate entrances, making it ideal for multi-generational living, house hacking, or traditional investment use. The unfinished basement provides additional value-add potential and may offer the opportunity to create a duplex-down with the first-floor unit, adding even more living space and future upside. Investors will appreciate the strong rental demand and income-producing potential in this growing neighborhood. Conveniently located near public transportation, major expressways, parks and schools.

  • Listing Courtesy of: North Clybourn Group, Inc.

Details

Updated on June 28, 2026 at 8:30 pm
  • Property ID MRD12650480
  • Price $320,000
  • Bedrooms 4
  • Year Built 1888
  • Property Type Multi Family
  • Property Status Active
  • Parking Total 2
  • Parcel Number 20092010020000
  • Water Source Lake Michigan,Public
  • Sewer Public Sewer
  • MLS Status Active
  • Days On Market 43
  • Cumulative Days On Market 8
  • Tax Annual Amount 251
  • Heating Natural Gas
  • Parking Features Off Alley,Yes,Owned
  • Directions East/West on 47th St. to Property
  • Exterior Features Balcony
  • Address 321 W 47th Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60609
  • Country United States

Overview

Property ID: MRD12650480
  • Multi Family
  • Property Type
  • 4
  • Bedrooms
  • 1888
  • Year Built

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