About This Home
This 4-bedroom, 2-bathroom residential multi family at 321 W 47th Street in Chicago, IL is listed for $320,000. Built in 1888, on a N/A lot.
Key Features
- Built in 1888
- 2 parking spaces
Property Details
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.
Monthly Cost Estimate
$1,711/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
321 W 47th Street
Chicago, IL 60609
Features & Amenities
Exterior Features
Property Details
Construction
Outdoor Features
Parking
Heating
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 321 W 47th Street is listed at $320,000. The estimated monthly payment is $1,711 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1888, 2 parking spaces. Exterior Features: Balcony.
This property is listed by Tiffany Martinez and can be reached at (773) 252-0600.
