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$465,000 Just Listed
Property Description
Rare opportunity to own a recently modernized legal 3-flat in the sought-after Canaryville neighborhood. This turnkey property is truly move-in and rent-ready, making it an ideal opportunity for both investors and owner-occupants. With major updates already completed, there's nothing to do but move in and start generating income. The ground-level unit features a spacious studio layout, while Units 2 and 3 each offer 3 bedrooms and 1 bathroom. The residential units have been thoughtfully updated with modern kitchens and bathrooms, new cabinetry, quartz countertops, and upgraded luxury vinyl plank flooring. The clean, updated finishes make this property attractive to both tenants and owner-occupants. Additional features include a 2-car garage, common area with washer and dryer hookups, and a large attic offering future expansion potential if desired. The property has been well-maintained and updated, allowing the next owner to enjoy the benefits of a turnkey asset from day one. Conveniently located near public transportation, major expressways, parks, shopping, and dining, this versatile property offers strong rental potential and long-term value in one of Chicago's most established neighborhoods. Whether you're looking to expand your investment portfolio or live in one unit while collecting rental income from the others, this Canaryville gem is ready to go from day one. Multiple Offer received. Highest and Best due Sunday June 7th end of day.
Full Property Details
Full Property Details for 646 W 47th Pl
General
- Price: $465,000
- Taxes: $2,753 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12665107
- Updated: 6/6/2026
- Added to Site: 4 day(s) ago
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - New City
- County: Cook
- Township: Stickney
- Driving Directions: W 47th Pl from S Halsted St
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: None
- Roof: Asphalt
- Year Built: 1883
- Built Before 1978: Yes
- Remodeled/Updated: 2026
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 125 x 24
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1883
- Tax Amount: $2,753.58
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20091010270000
Listed by Kale Realty
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Schools
Schools serving 646 W 47th Pl
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Graham A Elementary School 4436 South Union Avenue, Chicago, IL 60609 | K-8 | 0.3 mi |
Tilden Career Communty Academy High School 4747 South Union Avenue, Chicago, IL 60609 | 9-12 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 646 W 47th Pl
Date
Details
Price
Change
Source
6/02/2026
Listed
$465,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 646 W 47th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,254
—
$17,000
21%
2023
$2,254
6%
$14,000
—
2022
$2,122
-1%
$14,000
—
2021
$2,146
64%
$14,000
56%
2020
$1,312
-2%
$8,991
-11%
2019
$1,341
2%
$10,103
—
2018
$1,317
-16%
$10,103
-20%
2017
$1,563
9%
$12,572
—
2016
$1,436
11%
$12,572
—
2015
$1,290
8%
$12,572
28%
2014
$1,195
-8%
$9,807
—
2013
$1,305
33%
$9,807
—
2012
$981
—
$9,807
—
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
Estimate the Cost for 646 W 47th Pl
646 W 47th Place, Chicago, IL 60638 (MLS# 12665107) is a Multi-Family property with 3 units containing 6 bedrooms and 0 full bathrooms. 646 W 47th Place is currently listed for $465,000 and was received on June 02, 2026. Want to learn more about 646 W 47th Place? 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.
