Closed

$195,000

1737 47th Street, Chicago, IL 60609
4 Beds4 Baths186 days
1737 47th Street·Chicago, IL 60609
4Bedrooms
4Bathrooms
1886Year Built
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.

MLS# 12258999Listed February 6, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms4
Total Rooms14

Size & Structure

Year Built1886
Lot Size25 X 125

Location

CountyCook
TownshipLake
Zip Code60609

Financial

List Price$195,000
Annual Taxes (2023)$757
Monthly Tax Est.$63
Parcel #20072040080000
Interior Features

Heating

Natural Gas

Basement

UnfinishedExterior EntryBlockStorage SpaceFull
Exterior & Lot

Construction

FrameShingle Siding

Roof

Asphalt

Foundation

Concrete Perimeter

Patio & Porch

Deck

Lot Features

Level
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

Off AlleyAlley AccessYesOwned
HOA & Community

Community Features

ParkSidewalksStreet LightsStreet Paved
Schools
Elementary
Chavez Elementary School Multicu
District: 299
Tax & Financial
Annual Taxes
$757
Tax Year 2023
Monthly Tax Est.
$63
per month
Property Location

1737 47th Street, Chicago, IL 60609 — Cook County

$195,000
1737 47th Street
4 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
186 days on market
25 X 125
$757/yr taxes
$1,088
estimated monthly payment
Principal & Interest
$1,025/mo
Property Tax
$63/mo
$195,000
20% — $39,000
3%50%
6.875%
3%12%
Loan Amount
$156,000
Down Payment
$39,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Coldwell Banker Realty
Agent: Dan Schlaack
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