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$706,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 6,500 Sq. Ft.
  • Updated 1 day ago
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Outstanding investment opportunity in Archer Heights! This multi-tenant commercial building features 5 separate units, currently leased to a restaurant occupying 3 units with a front patio and a staffing agency occupying 2 units with second-floor office space, providing immediate rental income. The property offers 12 dedicated on site parking spaces, plus additional parking on the side street and along W. 47th Street, ensuring convenience for tenants and customers. Situated in a high traffic, highly visible area. Investors will appreciate the combination of strong flow and prime location.

Full Property Details for 4117 W 47th St

General

  • Price: $706,000
  • Taxes: $22,200 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12575958
  • Updated: 2/28/2026
  • Added to Site: 3 day(s) ago

Business

  • Business Type: Retail

Additional Information

  • Security/Safety: Alarm on Site, Fire Extinguisher(s), Partially Sprinklered, Carbon Monoxide Detector(s)

Location

  • Area: CHI - Archer Heights
  • County: Cook
  • Driving Directions: South to Pulaski Rd East on 47Th St to 4117

Heating & Cooling

  • Cooling Type: Central Air Conditioning, Ceiling Fan(s)
  • Heating Type: Central Heat/Individual Controls, Forced Air, Gas

Structural Information

  • Stories/Levels: 1
  • Square Feet: 6,500
  • Year Built: 1991

Unit Information

  • # Tenants: 2

Lot Features

  • Lot Size (Sq. Ft.): 11,762
  • Lot Dimensions: 118 x 100
  • Zoning: COMMR

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Security Deposit: Alarm On Site, Fire Extinguisher/s, Partially Sprinklered, Carbon Monoxide Detector(s)
  • Assessment Year: 1991
  • Tax Amount: $22,200.53
  • Tax Year: 2024

Disclosures and Reports

  • Property ID: 10102050430000

Listed by Realty of America, LLC

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— 4117 W 47th St —

  • Realty of America, LLC

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 4117 W 47th St

School District:Chicago Public School District 299
NameGradesDistance
Edwards Elementary School
4815 South Karlov Avenue, Chicago, IL 60632
PK-80.2 mi
Curie Metropolitan High School
4959 South Archer Avenue, Chicago, IL 60632
9-120.5 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 4117 W 47th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/27/2026
Listed
$706,000
8.62%
MLS
11/10/2004
Sold
$650,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4117 W 47th St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$24,293
3%
$115,139
—
2022
$23,682
2%
$115,139
—
2021
$23,153
32%
$115,139
46%
2020
$17,599
-12%
$78,999
-20%
2019
$19,908
2%
$99,086
—
2018
$19,573
-5%
$99,086
3%
2017
$20,643
7%
$95,894
—
2016
$19,206
9%
$95,894
—
2015
$17,572
1%
$95,894
2%
2014
$17,363
2%
$93,581
—
2013
$17,020
1%
$93,581
—
2012
$16,793
—
$93,581
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 4117 W 47th St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Realty of America, LLC

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4117 W 47th Street, Chicago, IL 60632 (MLS# 12575958) is a Commercial property. 4117 W 47th Street is currently listed for $706,000 and was received on February 27, 2026. Want to learn more about 4117 W 47th Street? Do you have questions about finding other Commercial real estate for sale in Archer Heights? You can browse all Archer Heights real estate or contact a Coldwell Banker agent to request more information.

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