1737 W 47th St Chicago, IL 60609
Back of the Yards NeighborhoodEstimated payment $1,097/month
Highlights
- Deck
- Ceiling Fan
- Paved or Partially Paved Lot
- Property is near a park
- Fenced
- Senior Tax Exemptions
About This Home
Investors, Business Owners, and Developers! Great opportunity to own a mixed-use property in Chicago's Vibrant Back of the Yards neighborhood. Bring your vision to this multi-unit building! Features a main floor retail store with 1/2 bath, perfect for a barbershop, salon, or office space (formerly salon). Main floor apartment behind with Kitchen, Living area, 1 Bed, and full Bath. Second Floor (with separate entrance) features 2 Bed, 1 Bath apartment with Kitchen and living area. Also features a 1 bedroom, 1 Bath apartment. 2 car parking apron (former garage) and fully fenced backyard provides both privacy and functionality. Easy access to parks, schools, shopping, and public transportation, catering to the growing demand for walkable, convenient urban living. Whether you're building a rental portfolio or considering a fix-and-flip project, The potential here is undeniable! Being sold in AS IS / WHERE IS condition with no representations or warranties. Buyer is responsible for and must perform ALL due diligence. Owner Occupied property. No for sale sign. Contact with occupants is prohibited. Survey report will not be provided. 1997 Survey & Architectural drawing in attachments. Excellent opportunity for an investor or developer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $757
Year Built
- Built in 1886
Lot Details
- Lot Dimensions are 25 x 125
- Fenced
- Paved or Partially Paved Lot
- Level Lot
Home Design
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Ceiling Fan
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 4 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Parking
- 2 Parking Spaces
- Alley Access
- Off Alley Parking
- Parking Included in Price
Schools
- Chavez Elementary School Multicu
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
- Gas Water Heater
Additional Features
- Deck
- Property is near a park
Community Details
- 3 Units
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $757 | $8,800 | $1,875 | $6,925 |
| 2023 | $693 | $9,000 | $2,500 | $6,500 |
| 2022 | $693 | $9,000 | $2,500 | $6,500 |
| 2021 | $528 | $9,000 | $2,500 | $6,500 |
| 2020 | $623 | $8,642 | $3,125 | $5,517 |
| 2019 | $762 | $10,167 | $3,125 | $7,042 |
| 2018 | $749 | $10,167 | $3,125 | $7,042 |
| 2017 | $1,322 | $12,854 | $2,812 | $10,042 |
| 2016 | $1,762 | $12,854 | $2,812 | $10,042 |
| 2015 | $1,784 | $12,854 | $2,812 | $10,042 |
| 2014 | $1,771 | $12,417 | $2,656 | $9,761 |
| 2013 | $2,122 | $12,417 | $2,656 | $9,761 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2025 03/21/25 | Pending | -- | -- | -- |
| 02/27/2025 02/27/25 | Off Market | $195,000 | -- | -- |
| 02/07/2025 02/07/25 | For Sale | $195,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12258999
APN: 20-07-204-008-0000
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