4117 W 47th Street Chicago, IL ^$ 706,000

4117 W 47th Street

^$ 706,000

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Recently Listed

4117 W 47th Street

Chicago, IL, 60632

^$ 706,000

Bedrooms-- Baths-- Sq 6,500

Monthly Estimate*

^$ 4,347

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Commercial Property for sale in Chicago, IL

for $706,000. This 6,500 square foot building was built in 1991 on a lot size of 0.270018.

Outstanding investment opportunity in Archer Heights! This multi-tenant commercial building features 5 separate units, currently leased to a restaurant occupying 3 units with a front patio and a staffing agency occupying 2 units with second-floor office space, providing immediate rental income. The property offers 12 dedicated on site parking spaces, plus additional parking on the side street and along W. 47th Street, ensuring convenience for tenants and customers. Situated in a high traffic, highly visible area. Investors will appreciate the combination of strong flow and prime location.

Commercial Active

Price

^$ 706,000

Property Type

Commercial

Taxes

^$ 22,200

Style

Retail

Lot Size

0.270018

Year Built

1991

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12575958

Features

General

Cooling Central Air Ceiling Fan(s)

Zoning COMMR

Year Built 1991

Electric Circuit Breakers

Stories Count 1

Tax Year 2024

Gross Income 105600

Business Type Retail

Assoc Fee Paid Per Not Applicable

County Cook

Net Operating Income 67107

Property Type Commercial Sale Retail/Stores

Status New

Directions South to Pulaski Rd East on 47Th St to 4117

City Chicago

Number Of Units Total 5

MLS Area CHI - Archer Heights

Lot Size Square Feet 11762

Tax Annual Amount 22200.53

Additional Parcels Y/N N

Leasable Area 3820

Standard Status Active

Exterior

Building Area Total 6500

Lot Dimensions 118x100

* Excluded Features

List By

Realty Of America, Llc

Broker

ceciliasellshouses@yahoo.com;cecilia@realtyofchicago.com

Affordability Calculator

$6,197

Per Month

Monthly Principal & Interest: $4,347
Monthly Property Taxes: $1,850
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$969,448

Percent of Sale Price 37%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/1/2026	$706,000		Listed Price

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4117 W 47th Street, Chicago, IL, 60632 is a Commercial Property for sale at $706,000 with 6,500 sqft and a lot size of 0.270018. 4117 W 47th Street was built in 1991. The property's zip code is 60632 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 3/1/2026.

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4117 W 47th Street

Commercial Property for sale in Chicago, IL

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