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$125,000
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Property Description
Investors, Business Owners, and Developers! Great opportunity to own a mixed-use property in Chicago's Vibrant Back of the Yards neighborhood. Bring your vision to this multi-unit building! Features a main floor retail store with 1/2 bath, perfect for a barbershop, salon, or office space (formerly salon). Main floor apartment behind with Kitchen, Living area, 1 Bed, and full Bath. Second Floor (with separate entrance) features 2 Bed, 1 Bath apartment with Kitchen and living area. Also features a 1 bedroom, 1 Bath apartment. 2 car parking apron (former garage) and fully fenced backyard provides both privacy and functionality. Easy access to parks, schools, shopping, and public transportation, catering to the growing demand for walkable, convenient urban living. Whether you're building a rental portfolio or considering a fix-and-flip project, The potential here is undeniable! Being sold in AS IS / WHERE IS condition with no representations or warranties. Buyer is responsible for and must perform ALL due diligence. Owner Occupied property. No for sale sign. Contact with occupants is prohibited. Survey report will not be provided. 1997 Survey & Architectural drawing in attachments. Excellent opportunity for an investor or developer.
Full Property Details
Full Property Details for 1737 W 47th St
General
- Sold For: $125,000
- Taxes: $757 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12258999
- Added to Site: 353 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Ceiling Fan(s), Sump Pump, Water Heater-Gas
- Other Features: Commuter Bus
Parking
- Total Spaces: 2
- Parking Features: Off-Alley, Alley Access, Yes, Owned
Location
- Area: CHI - New City
- County: Cook
- Driving Directions: From 90 - Exit 56 toward 47th St (West) 47th Street West 2.1 Miles to Property. On South Side of the street. S:4700 W:1400
School Information
- School District: 299
- Midd School District: 299
- Elementary School: Chavez Elementary School Multicu
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan, Public
Structural Information
- Construction: Frame, Shingle Siding
- Exterior Const.: Frame, Shingle Siding
- Basement Desc.: Unfinished, Exterior Entry, Block, Storage Space, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1886
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
- Fence: Yes
- Lot Features: Level
- Zoning: OTHER
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1886
- Tax Amount: $757
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20072040080000
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Schools
Schools serving 1737 W 47th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Chavez Elementary Multicultural Academy Center 4747 South Marshfield Avenue, Chicago, IL 60609 | PK-8 | 0.2 mi |
Richards Career Academy High School 5009 South Laflin Street, Chicago, IL 60609 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1737 W 47th St
Date
Details
Price
Change
Source
11/17/2025
Sold
$125,000
-35.9%
MLS
2/06/2025
Listed
$195,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1737 W 47th Street, Chicago, IL 60609 (MLS# 12258999) is a Multi-Family property that was sold at $125,000 on November 17, 2025. This property was listed by Daniel Schlaack from our Naperville Office.Want to learn more about 1737 W 47th Street? Do you have questions about finding other Multi-Family real estate for sale in New City? You can browse all New City real estate or contact a Coldwell Banker agent to request more information.


