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646 West 47th Place

Chicago IL 60609

6
3
2
Multi-Family
Currently for sale - view listing

Overview

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.

Features

6 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
Multi-Family

Happy sellers in Chicago

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Local market activity for 6 bedroom multi families in Chicago

In the last 12 months, 39 six-bedroom multi families similar to 646 West 47th Place, have been sold.

This represents a 18% increase in six-bedroom multi families sales when compared to the previous 12 months.

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