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$750,000

  • For Sale
  • Active
  • Commercial
  • 5,760 Sq. Ft.
  • Updated 11 days ago
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A Big mixed-use building with a lot of potential. 2 Store fronts with an attached warehouse/garage. Two 2nd floor apartments ready to be finished. Can purchase the building next door as a package, 735 west 47th st.

Full Property Details for 731 W 47th St

General

  • Price: $750,000
  • Taxes: $5,606 (2025)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12763251
  • Updated: 9/25/2026
  • Added to Site: 19 day(s) ago

Additional Information

  • Security/Safety: Fire Extinguisher(s)

Location

  • Area: CHI - New City
  • County: Cook
  • Township: Lake
  • Driving Directions: 47th Street & Halsted Street then East to address
  • Location Details: Chicago South

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None

Structural Information

  • Construction: Brick, Block
  • Exterior Const.: Brick, Block
  • Stories/Levels: 2
  • Square Feet: 5,760
  • Current Bldg. Use: Other
  • # of Stores: 2
  • Year Built: 1893
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Sq. Ft.): 6,000
  • Lot Dimensions: 48 x 125
  • Potential Use: Commercial
  • Zoning: COMMR

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Insurance Fee: $2,300
  • Operating Expenses: $5,500
  • Security Deposit: Fire Extinguisher/s
  • Assessment Year: 1893
  • Tax Amount: $5,606.57
  • Tax Year: 2025

Disclosures and Reports

  • Property ID: 20091000120000

Listed by Chicagoland Brokers, Inc.

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Listing agent

— 731 W 47th St —

  • Chicagoland Brokers, Inc.

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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 731 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 731 W 47th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/17/2026
Listed
$750,000
354.55%
MLS
3/19/2019
Sold
$165,000
—
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 731 W 47th St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,642
—
$27,000
23%
2023
$4,642
3%
$22,000
—
2022
$4,525
2%
$22,000
—
2021
$4,424
24%
$22,000
37%
2020
$3,568
157%
$16,016
132%
2019
$1,388
2%
$6,909
—
2018
$1,365
-8%
$6,909
—
2017
$1,488
8%
$6,912
—
2016
$1,384
-19%
$6,912
-26%
2015
$1,718
-54%
$9,374
-53%
2014
$3,702
2%
$19,954
—
2013
$3,629
1%
$19,954
—
2012
$3,581
—
$19,954
—
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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NMLS#: 1598647

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Listed by Chicagoland Brokers, Inc.

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731 W 47th Street, Chicago, IL 60609 (MLS# 12763251) is a Commercial property. 731 W 47th Street is currently listed for $750,000 and was received on September 17, 2026. Want to learn more about 731 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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