4906 W Erie St

Chicago, IL 60644
  • $525,000

    Price
  • 7

    Bed
  • 3

    Bath
  • 0

    SqFt

About the Listing 18235 - 154155

Prime Investment Opportunity---Renovated Multi-Unit Gem Offering Flexible Income or Spacious Family Residence. Beautifully updated multi-unit building featuring two spacious apartments and a large garden unit, ideal for savvy investors seeking high cap rates or for a large extended family with all this space. 3 bedroom upper unit--1200SF, 2 bedroom lower unit--1000SF, and garden unit with 3 multi-purpose rooms. Three full bathrooms throughout. Property Highlights: Fully renovated with high-quality finishes throughout. All new windows and brand new appliances. Modern can lighting, designer neutral paint, and upgraded flooring. Newly refinished front and rear staircases. Secure 6-foot wood privacy fence in front. Separate back porches for both main units plus a spacious 25x25 backyard perfect for grilling and outdoor enjoyment. Kitchens & Baths--- Granite countertops, white shaker-style cabinets, and deep double-bowl sinks. Stainless steel appliances (stove, microwave, refrigerator) Bathrooms feature marble tile, vanities, and tub/shower combinations (garden unit has a large walk-in shower) Mechanicals & Systems---Separate forced-air heating for each uni. Two 100-amp electrical services plus a 100-amp common panel. This turnkey property offers excellent income potential with modern updates, desirable layouts, and strong tenant appeal.Perfect for investors looking to maximize returns or a large extended family looking for space. Included is a newer two car garage plus a wood security fence in front. Current taxes are very low. RIGHT next to Nash Elementary, very close to Ronald McNair Elementary School. 12 minute walk to the Lake-Cicero Green Line L, RAPID access east and west. Close to lots of shopping and restaurants. Easy access to Chicago Avenue, North Avenue, and 290. 6 minute drive to I-290

Listing Highlights

Status Active
Days on Site 4
Property Type Multi-Family
MLS ® 12650514
Year Built 1905
Total Square Footage 0
Lot/Acreage 0.07
County Cook
School District 299
Elementary School Nash Elementary School

Interior Details

  • Bedrooms: 7
  • Bathrooms: 3 Full
  • Appliances: Ceiling Fan(s)
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Partially Finished,Full
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Lot Description: Common Grounds
  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Lot Dimensions: 24x125
  • Zoning: MULTI
  • Roof: Rubber,Flat
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Garage Door Opener,Yes,Detached,Garage

Financial Details

  • Tax Amount: $5,233
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16092110390000
  • Tax Year: 2025

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4906 W Erie St Chicago, IL 60644

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Originating MLS: mred

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