646 W 47th Place
Chicago, IL, 60638
$465,000
6 Beds
3 Baths
0 SqFt
0 Acres
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$465,000
646 W 47th Place
Chicago, IL, 60638
MLS #MRD12665107 image #0
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. Multiple Offer received. Highest and Best due Sunday June 7th end of day.

Property Details

Price:
$465,000
MLS #:
MRD12665107
Status:
Active Under Contract
Beds:
6
Baths:
3
Type:
Multi Family
Neighborhood:
chinewcity
Listed Date:
Jun 2, 2026
Year Built:
1883
Chi – New CityChinewcity

Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air

Exterior

Construction Materials
Vinyl Siding
Garage Spaces
2
Parking Features
Garage Door Opener, Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Roof
Asphalt

Financial

Tax Year
2024
Taxes
$2,754
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Jun 29, 2026
1,426
Multi Family Listed
80
Avg DOM
$527,116
Avg List Price

Community

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Property Summary

    646 W 47th Place Chicago IL is a Multi Family for sale in Chicago, IL, 60638. It is listed for $465,000 To schedule a showing of MLS#mrd12665107 at 646 W 47th Place in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
646 W 47th Place
Chicago, IL