Chicago, IL 60622,1947 W Chicago AVE
Chicago, IL 60622,1947 W Chicago AVE
Chicago, IL 60622,1947 W Chicago AVE
Chicago, IL 60622,1947 W Chicago AVE
Chicago, IL 60622,1947 W Chicago AVE
Chicago, IL 60622,1947 W Chicago AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
25
Jan
Mon
26
Jan
Tue
27
Jan
Mark Rantis

Mark Rantis

+1(847) 606-5272
$ 1,825,000
Est. payment | /mo
Save
$ 1,825,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12477829

Maintenance Fees $1,910

Year Built 1894

Annual Tax Amount $26,714

Tax Year 2023

Lot Dimensions 2,927

Property Sub-Type Multi Family 5+

Property Description

Triton is pleased to offer for sale 1947 W. Chicago Ave., a six (6) unit mixed-use investment property located in the heart of Chicago's desirable West Town neighborhood. This offering presents an investor the opportunity to acquire a renovated, stabilized asset with an attractive and diversified income stream. The building features five (5) apartments and one (1) ground floor retail space. The retail space is currently leased to the West Town Chicago Chamber of Commerce through Feb 2029 and houses local small businesses, providing immediate and stable cash flow.. The current vendor is Marci Maxine Vintage + Art Studio. The apartment unit mix has four (4) 1-bedroom / 1-bath apartments and one (1) 3-bedroom / 2-bath penthouse apartment. Each unit features separate tenant paid electric, HVAC, in-unit washer and dryer and well laid out floor plans. 1947 W. Chicago sits a vibrant prime West Town location, a neighborhood known as a cultural hub with premier shopping and dining options. The Neighborhood's diverse history, brought by the various sub neighborhoods it encompasses (including East Village, Ukrainian Village, and Wicker Park, among others), has contributed to its unique character. The property is ideally positioned directly on bustling Chicago Avenue with cross street Damen Avenue, providing excellent visibility and foot traffic for the retail tenant, and offering residents convenient access to all the neighborhood has to offer. The location also benefits from close proximity to public transportation, offering seamless connectivity throughout Chicago. An investor has the opportunity to acquire a renovated asset with rental upside in existing condition. While the property currently provides a stable income, there is potential to increase rents on the residential units through cosmetic renovations. The desirable location and evolving neighborhood dynamics provide a strong foundation for future rental growth and capital appreciation.

Location

State IL

County Cook

Area Chi - West Town

Zoning COMMR

Interior

Cooling Central Air, Central Individual

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Harrison Cohen of  Triton Realty Group LLC 
SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    STEM Magnet Academy Elementary School

    Public | KG - 5

  • 10

    Skinner Elementary School

    Public | PK - 5

  • 10

    Skinner North Elementary School

    Public | KG - 6

  • 10

    Lincoln Elementary School

    Public | KG - 8

  • 9

    Burley Elementary School

    Public | KG - 8

  • 9

    Prescott Elementary School

    Public | PK - 8

  • 9

    Jackson a Elementary Language Academy

    Public | KG - 8

  • 9

    Galileo Elementary Math & Science Schol Acd

    Public | KG - 8

  • 9

    Alcott Elementary School

    Public | KG - 8

  • 8

    Mitchell Elementary School

    Public | PK - 8

  • 8

    Lasalle II Lang Academy Elementary School

    Public | PK - 8

  • 8

    Burr Elementary School

    Public | PK - 8

  • 8

    Perez Elementary School

    Public | PK - 8

  • 8

    Mayer Elementary School

    Public | PK - 8

  • 8

    Lasalle Elementary Language Academy

    Public | KG - 8

  • 7

    Locke a Elementary Charter Academy

    Public | PK - 8

  • 7

    Von Linne Elementary School

    Public | KG - 8

  • 7

    Pulaski International School of Chicago

    Public | KG - 8

  • 7

    Columbus Elementary School

    Public | PK - 8

  • 7

    Pritzker Elementary School

    Public | KG - 8

Middle Schools 5
  • 10

    Young Magnet High School

    Public | 7 - 12

  • 7

    Orozco Elementary School

    Public | 6 - 8

  • 7

    Ogden Intermediate High School

    Public | 6 - 12

  • 3

    Aspira Charter Schools

    Public | 6 - 12

  • 0

    Iyc Chicago

    Public | 6 - 12

High Schools 20
  • 10

    Payton College Preparatory High School

    Public | 9 - 12

  • 9

    Westinghouse High School

    Public | 9 - 12

  • 9

    Lincoln Park High School

    Public | 9 - 12

  • 8

    Phoenix Military Academy High School

    Public | 9 - 12

  • 6

    Crane Medical Preparatory High School

    Public | 9 - 9

  • 5

    North Lawndale Charter High School

    Public | 9 - 12

  • 5

    Clemente Community Academy High School

    Public | 9 - 12

  • 4

    Marshall Metropolitan High School

    Public | 9 - 12

  • 4

    Manley Career Academy High School

    Public | 9 - 12

  • 4

    Wells Community Academy High School

    Public | 9 - 12

  • 3

    Alcott Humanities High School

    Public | 9 - 12

  • 3

    Juarez Community Academy High School

    Public | 9 - 12

  • 2

    Raby High School

    Public | 9 - 12

  • 2

    Chicago Technology Academy High School

    Public | 9 - 12

  • 1

    Collins Academy High School

    Public | 9 - 12

  • 1

    Legal Preparatory Academy Charter High School

    Public | 9 - 10

  • 1

    Urban Preparatory Charter Academy West Campus High School

    Public | 9 - 12

  • 0

    Ford Power House Charter High School

    Public | 9 - 12

  • 0

    Magic Johnson-Nth Lawndale High School

    Public | 9 - 12

  • 0

    Pathways in Education Avondale High School

    Public | 9 - 12

School and business data provided by Attom Data.
Mark Rantis

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(847) 606-5272

mark@therantisgroup.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Mark Rantis, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1947 W Chicago AVE