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4 Beds
2 Baths

$320,000

321 W 47th Street, Chicago IL, 60609

Built in1888
Property typeMulti-family
Listed by Tiffany Martinez with North Clybourn Group, Inc. 773-754-5147

Overview

Active

Listed May 16, 2026

Updated Jul 28

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.

$2,129/mo

Est. mortgage payment based on a $320,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12650480

Interior Features

Bedrooms
4
Bathrooms
2
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$251
Tax Frequency
Annually
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Listed by Tiffany Martinez with North Clybourn Group, Inc. 773-754-5147

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Ron Ehlers are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 3:34 AM UTC on 7/28/2026. 

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