Armed with search warrants, investigators say they found the guns and drugs at a business in the 3600-block of West Chicago and a home in the 5700-block of South Lowe.
They found two shotguns, a rifle, three handguns, as well as $73,000 worth of cocaine, and marijuana valued at over $1,000.
Police say, with the help of the community, 45-year-old Lennell Jones was arrested. He is being held on bond.