321 W 47th Street, Chicago, IL

$320,000

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4

Beds

About 321 W 47th Street

Located in the heart of Chicago's Canaryville/Back of the Yards area, this solid two-flat offers a versatile opportunity for both owner-occupants and investors alike. Whether you're looking to live in one unit while generating rental income from the other, or fully lease both units for steady cash flow, this property delivers flexibility and long-term potential. Each unit offers generous living space with separate entrances, making it ideal for multi-generational living, house hacking, or traditional investment use. The unfinished basement provides additional value-add potential and may offer the opportunity to create a duplex-down with the first-floor unit, adding even more living space and future upside. Investors will appreciate the strong rental demand and income-producing potential in this growing neighborhood. Conveniently located near public transportation, major expressways, parks and schools.

Features of 321 W 47th Street

MLS® # 12650480
Price $320,000
Bedrooms 4
Bathrooms 0.00
Year Built 1888
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 321 W 47th Street
Area CHI - Fuller Park
City Chicago
County Cook
State IL
Zip Code 60609

Amenities

Parking Spaces 2
Parking Off Alley, Yes, Owned
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Unfinished, Full, Walk-Out Access

Exterior

Exterior Vinyl Siding, Brick
Exterior Features Balcony
Roof Asphalt

School Information

District 299

Additional Information

Days on Market 73
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeNorth Clybourn Group, Inc.

Listing Map

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