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About This Home
This 7-bedroom, 3-bathroom residential multi family at 4906 W Erie Street in Chicago, IL is listed for $525,000. Built in 1905, on a 0.07 acres lot.
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
Key Features
- Built in 1905
- 0.07 acre lot
- 2 parking spaces
Property Details
Monthly Cost Estimate
$2,808/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4906 W Erie Street
Chicago, IL 60644
Property Details
Construction
Parking
Heating
Questions & Answers
This 7-bedroom, 3-bathroom residential multi family at 4906 W Erie Street is listed at $525,000. The estimated monthly payment is $2,275 based on 20% down at 6.5% interest.
Key features include: Built in 1905, 0.07 acre lot, 2 parking spaces.
This property is listed by Alberto Gonzalez and can be reached at (312) 493-0920 or exitalberto@gmail.com.
