646 W 47th Place Chicago, IL 60609
Back of the Yards NeighborhoodEstimated payment $2,697/month
About This Home
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.
Open House Schedule
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Sunday, June 7, 202612:00 to 3:00 pm6/7/2026 12:00:00 PM +00:006/7/2026 3:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,754
Year Built
- Built in 1883 | Remodeled in 2026
Lot Details
- Lot Dimensions are 125x24
Parking
- 2 Car Detached Garage
- Parking Available
- Garage Door Opener
- Parking Included in Price
Home Design
- Asphalt Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 3 Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 3 Units
Listing and Financial Details
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $2,254 | $17,000 | $1,800 | $15,200 |
| 2024 | $2,254 | $17,000 | $1,800 | $15,200 |
| 2023 | $2,122 | $14,000 | $2,850 | $11,150 |
| 2022 | $2,122 | $14,000 | $2,850 | $11,150 |
| 2021 | $2,146 | $14,000 | $2,850 | $11,150 |
| 2020 | $1,312 | $8,991 | $2,850 | $6,141 |
| 2019 | $1,341 | $10,103 | $2,850 | $7,253 |
| 2018 | $1,317 | $10,103 | $2,850 | $7,253 |
| 2017 | $1,563 | $12,572 | $2,550 | $10,022 |
| 2016 | $1,436 | $12,572 | $2,550 | $10,022 |
| 2015 | $1,290 | $12,572 | $2,550 | $10,022 |
| 2014 | $1,195 | $9,807 | $2,400 | $7,407 |
| 2013 | $1,305 | $9,807 | $2,400 | $7,407 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/02/2026 06/02/26 | For Sale | $465,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $142,000 | Fidelity National Title | |
| Warranty Deed | $115,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $324,000 | Construction | |
| Previous Owner | $78,000 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12665107
APN: 20-09-101-027-0000
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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