Two-Flat Residential Income
For Sale
$320,000
321 W 47th Street, Chicago, IL 60609
MULTI_FAMILY - Chicago, IL
Days on Market78
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, Bathroom 1, Basement, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 2
Parking
2
Parking features
Owned, Off Alley
Patio and Porch features
Porch
Exterior features
Balcony
Basement
Walk-Out Access, Full, Unfinished
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.
(773) 252-0600
Listed By:
Tiffany Martinez
(773) 252-0600
Added: May 16
Changed: Jul 30
Last Checked: Aug 1 at 8:06AM
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 solid two-flat offers a flexible setup for owner-occupants or investors, with each unit featuring separate entrances. The configuration supports independent access to both living spaces, making the property well suited for traditional rental use or for living in one unit while renting the other.
The unfinished basement adds additional space and presents an opportunity for future improvements. Situated in the heart of Chicago’s Canaryville/Back of the Yards area, the property is described as conveniently located near public transportation, major expressways, as well as parks and schools.
Overall, the home is presented as a versatile residential income property with two separate units and a basement that can be finished or adapted to fit future needs.
The unfinished basement adds additional space and presents an opportunity for future improvements. Situated in the heart of Chicago’s Canaryville/Back of the Yards area, the property is described as conveniently located near public transportation, major expressways, as well as parks and schools.
Overall, the home is presented as a versatile residential income property with two separate units and a basement that can be finished or adapted to fit future needs.
Key Highlights
- Two‑flat property built in 1888 with separate entrances for both units
- Unfinished basement offers additional space and potential for future expansion
- Balcony plus porch on the exterior
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
717
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Solid two-flat with separate entrances for each unit and an unfinished basement in Chicago’s Canaryville/Back of the Yards area.
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‑flat property built in 1888 with separate entrances for both units; Unfinished basement offers additional space and potential for future expansion; Balcony plus porch on the exterior
