Active

4906 W Erie Street

Chicago, IL 60644
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Bed 7

Bed

Bath 3

Bath

Acres0.07

Acre(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 perfec t 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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Detail Ic Property Details

Property Type : Residential Income

Price : $499,000

AD Id : 79374664

MLS Id : MRD12650514

Beds : 7

Lot Size : 0.07 Acre

Year Built : 1905

Garage : 2

County : Cook

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 7 Room Types: Enclosed Porch

    Bathroom Information

    Total Baths: 3

    Room Information

    Rooms Total: 14

    Interior Features

    Roof: Rubber, Flat

    Roofing Information

    Rubber, Flat
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Natural Gas WaterSource: Lake Michigan

  • Building Information

    Year Built: 1905

  • Lot Information

    Lot Dimensions: 24x125 Lot Description: Common Grounds Lot Acres: 0.07 Lot Size: Less Than .25 Acre

    Property Information

    Property Type: Residential Income Sub Type: Two to Four Units

  • Listing Price Information

    Original List Price:$525000

  • Tax Information

    Annual Tax: $5233 Tax Year: 2025 Parcel Number: 16092110390000 Tax Exemption: None

  • Parking Information

    Total Parking: 2 Garage Door Opener, Yes, Detached, Garage Is Parking Included in Price: Yes

    Garage Information

    Garage Space: 2

  • School Information

    Elementary School: Nash Elementary School
  • Utility Information

    Sewer: Public Sewer Water Source: Lake Michigan
  • Location Information

    City: Chicago Direction: South of Chicago Ave., one way west from Cicero to address
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Nearby Home Value

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5460 W Fulton Street, Chicago, IL, 60644 $143,100 3 1 1,702 1,702 SqFt
5242 W Ferdinand Street, Chicago, IL, 60644 $429,000 3 2 1,852 1,852 SqFt
5943 W Huron Street, Chicago, IL, 60644 $390,000 5 2 1,818 1,818 SqFt
237 N Long Avenue, Chicago, IL, 60644 $175,000 4 3 2,000 2,000 SqFt
5326 W Van Buren Avenue, Chicago, IL, 60644 $128,000 3 1 950 950 SqFt
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ByOwner last updated this listing 06/22/2026 @ 06:20

MLS: MRED #12650514 LISTED BY: Alberto Gonzalez, EXIT Strategy Realty 312-554-5478 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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