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About the Listing 84130 - 189341,874929
Exceptional opportunity to own a fully leased 3-flat ideally positioned at the crossroads of West Town, Noble Square, and River West. This solid income-producing property features a spacious 3-bedroom duplex-down on the first floor and two well-maintained 2-bedroom simplex units on the 2nd and 3rd floors - an ideal unit mix for strong, consistent rental demand. Each residence offers bright living areas and high ceilings. Individual HVAC systems in all 3 units, shared on-site laundry, and exterior parking spaces at the rear of the building. The property has a large backyard area. All leases are secured through Summer 2026, delivering immediate cash flow and built-in stability for the next owner. A truly turnkey asset in one of Chicago's most desirable rental corridors.
Listing Highlights
Status
Active
Days on Site
3
Property Type
Multi-Family
MLS ®
12576429
Year Built
Total Square Footage
0
Lot/Acreage
0.07
Interior Details
- Bedrooms: 7
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Partially Finished,Exterior Entry,Full,Walk-Out Access
- Other:
- Water: Lake Michigan,Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 3
- Lot Dimensions: 25 X 128
- Zoning: MULTI
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Off Alley,Off Street,Yes,Owned
Financial Details
- Tax Amount: $17,128
- Taxes w/Assessments: N/A
- Tax/Property ID: 17081200110000
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
1225 W Erie St Chicago, IL 60642
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