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4117 W 47th St 6,500 SF 100% Leased Retail Building Chicago, IL 60632 $706,000 ($108.62/SF) 10.23% Cap Rate
Executive Summary
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.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
6,500 SF
Building Class
B
Year Built
1991
Price
$706,000
Price Per SF
$108.62
Cap Rate
10.23%
NOI
$72,199
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.55
Lot Size
0.27 AC
Zoning
B3-1
Parking
18 Spaces (2.77 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Tenant Controlled HVAC
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- El Asador
- Accommodation and Food Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| El Asador | Accommodation and Food Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Very walkable
80/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 19-10-205-043-0000 | Total Assessment | $110,501 |
| Land Assessment | $44,108 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $66,393 | Tax Year | 2025 |
Property Taxes
Parcel Number
19-10-205-043-0000
Land Assessment
$44,108
Improvements Assessment
$66,393
Total Assessment
$110,501
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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4117 W 47th St
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