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Two-Unit Duplex with Basement
For Sale
$320,000

321 W 47th Street, Chicago, IL 60609

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market125

Property Features for 321 W 47th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Basement
Parking 2
Parking features Off Alley, Owned
Patio and Porch features Porch
Exterior features Balcony
Basement Unfinished, Full, Walk-Out Access
Elementary school district 299
Middle school district 299
High school district 299
Directions East/West on 47th St. to Property
Subdivision CHI - Fuller Park
Standard status Active
APN 20092010020000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 251

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1888
Building materials Vinyl Siding, Brick
Roof type Asphalt
Listing Agency: North Clybourn Group, Inc.
Listed By: Tiffany Martinez
Added: May 16 Changed: Sep 14 Last Checked: Sep 17 at 11:06AM
MLS# 12650480

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-unit duplex at 321 W 47th Street features separate entrances for each residence, an unfinished basement, a porch, and a balcony. The exterior combines vinyl siding and brick, while natural gas provides the heating source. Owned off-alley parking is included with the property.

Constructed in 1888, the building is served by public water and public sewer. The property is located in Chicago’s Canaryville/Back of the Yards area, near public transportation, major expressways, parks, and schools. Its two-unit configuration and distinct entrances support flexible residential occupancy arrangements, subject to applicable requirements.

Key Highlights

  • Two‑unit duplex with separate entrances
  • Unfinished basement
  • Owned off‑alley parking

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Bakery HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

717
Businesses Nearby

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate-entry units are complemented by an unfinished basement, porch, and balcony.
Where is this duplex located?
The property is located at 321 W 47th Street Chicago, IL.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Two‑unit duplex with separate entrances; Unfinished basement; Owned off‑alley parking
More about this property
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