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4906 W Erie Street Chicago, IL 60644

$525,000
Re-activated / MLS# 12650514 / Multi Unit - Multiple / Chicago
7 Beds
3 Baths

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

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Baird & Warner Eric Sdrenka Agent Cell: 224.242.5922 Email

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Estimated Payment

$ 1,755.88 per month $1,166.67 Principal & Interest $436.08 Property Tax $153.13 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partially Finished, Full
Garage: 2
Heating: Natural Gas
Lot Size: 0.07 Acres
Roof Type: Rubber, Flat
Taxes: $5,233
Year Built: 1905

Feature Descriptions

Additional rooms: Enclosed Porch
Bath Features: Soaking Tub
Exterior: Brick
Lot: Common Grounds
Lot Dimensions: 24x125
Other Equipment: Ceiling Fan(s)
Parcel#: 16092110390000
Parking: Garage Door Opener, Yes, Detached, Garage
Sewer: Public Sewer
Total Rooms: 14
Township: West Chicago
Water: Lake Michigan

Schools

Elementary School: Nash Elementary School
School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: EXIT Strategy Realty

Listing Office Phone: 312-554-5478



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