About This Home

This 7-bedroom, 3-bathroom residential multi family at 4906 W Erie Street in Chicago, IL is listed for $449,000. Built in 1905, on a 0.07 acres lot.

Key Features

  • Built in 1905
  • 0.07 acre lot
  • 2 parking spaces

Property Details

3 full
2-car garage
1905
Listing Description

Prime Investment Opportunity---NOW PRICED TO SELL---MAKE AN OFFER----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

Monthly Cost Estimate

$2,401/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,946
Insurance$131

Estimates only. Actual payments may vary.

Location

4906 W Erie Street

Chicago, IL 60644

Property Details

Construction

Brick

Parking

GarageOpen

Heating

Natural Gas

Questions & Answers

This 7-bedroom, 3-bathroom residential multi family at 4906 W Erie Street is listed at $449,000. The estimated monthly payment is $2,401 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1905, 0.07 acre lot, 2 parking spaces.

This property is listed by Alberto Gonzalez.

AG

Alberto Gonzalez

Agent at Exit Strategy Realty

Listed by Exit Strategy Realty · Broker phone: (312) 493-0920 · View on Broker Site · Broker website

MLS# 12650514· Source: Midwest Real Estate Data, LLC· 170 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4906 W Erie Street, Chicago, IL 60644

Open this listing in: