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$3,500,000

  • For Sale
  • Active
  • Commercial
  • Updated 8 days ago
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Upscale, Elevator building with condo-quality finishes. total 12 spacious apartments with 4 High-Visibility Commercial Units . minutes from Downtown, Chinatown, Bridgeport, U of C campus and expressway. each unit have two large bedrooms and 2-baths with open floor plan. beautifully maintained commercial units in a prime, high-traffic location with excellent visibility and curb appeal. Whether you're opening a wellness studio, boutique, professional office, or creative space, this property offers the flexibility and presence your business needs to thrive. With large, open interiors and plenty of natural light, each unit provides a professional, welcoming environment for your clients. The location is ideal for attracting walk-in traffic and building a strong local presence-perfect for businesses ready to grow.

Full Property Details for 718 W 47th St

General

  • Price: $3,500,000
  • Taxes: $46,750 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12562705
  • Updated: 2/12/2026
  • Added to Site: 15 day(s) ago

Location

  • Area: CHI - New City
  • County: Cook
  • Driving Directions: Just east of 47th Halsted and West of I-90 Expressway.
  • Location Details: Chicago South

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Structural Information

  • Stories/Levels: 4
  • # of Stores: 4
  • Year Built: 2008

Lot Features

  • Lot Size (Sq. Ft.): 12,500
  • Lot Dimensions: 100*125

Financial Considerations

  • Assessment Year: 2008
  • Tax Amount: $46,750
  • Tax Year: 2024

Disclosures and Reports

  • Property ID: 20043270360000

Listed by Kale Realty

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— 718 W 47th St —

  • Kale Realty

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NMLS#: 1598647

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 718 W 47th St

School District:Chicago Public School District 299
NameGradesDistance
Graham A Elementary School
4436 South Union Avenue, Chicago, IL 60609
K-80.3 mi
Tilden Career Communty Academy High School
4747 South Union Avenue, Chicago, IL 60609
9-120.1 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 718 W 47th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/05/2026
Listed
$3,500,000
41.13%
MLS
8/22/2018
Sold
$2,480,000
—
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 718 W 47th St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$12,214
3%
$57,887
—
2022
$11,906
2%
$57,887
—
2021
$11,641
10%
$57,887
21%
2020
$10,617
11%
$47,661
—
2019
$9,576
2%
$47,661
—
2018
$9,415
12%
$47,661
22%
2017
$8,420
7%
$39,115
—
2016
$7,834
9%
$39,115
—
2015
$7,168
14%
$39,115
15%
2014
$6,290
9%
$33,901
6%
2013
$5,797
-72%
$31,872
-72%
2012
$20,741
—
$115,586
—
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.

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Listed by Kale Realty

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718 W 47th Street, Chicago, IL 60609 (MLS# 12562705) is a Commercial property. 718 W 47th Street is currently listed for $3,500,000 and was received on February 05, 2026. Want to learn more about 718 W 47th Street? Do you have questions about finding other Commercial 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.

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