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Listed by Melanie Giglio with Compass 773-466-7150
Melanie Giglio

1812 W Erie Street

$1,199,999 1812 W Erie Street, Chicago, IL 60622
FULLY rehabbed approximately two years ago and FULLY occupied, this turn-key 3-unit building sits on one of West Town's BEST blocks, surrounded by new construction and continued development. Each unit was thoughtfully updated with new flooring, appliances, cabinetry, countertops, HVAC systems (3), AC units (3), in-unit washers and dryers (3), dishwashers (2), windows, siding, closet organizers, and high-speed internet wiring, offering a modern, low-maintenance investment opportunity. Unit 1 is a spacious 3 bed + office, 1 bath leased for $3,040/month; Unit 2 is a large 3 bed, 1 bath leased for $2,800/month; and Unit 3 is a bright 2 bed, 1 bath leased for $2,750/month. Each tenant pays their own utilities and internet, helping keep ownership expenses streamlined. Each unit also enjoys HUGE private rear outdoor balcony. The backyard was recently redone and now features a new concrete parking pad along with a grassy yard, creating a clean, functional outdoor space for both residents and future owners. A prime investment opportunity in a rapidly growing area! Add this high-income, low-maintenance property to your portfolio! Also offers excellent future short-term rental potential once tenants vacate, subject to applicable regulations. Incredible location- close to shops, grocery, and restaurants all along chicago and Grand Av! Please provide at least a 48-hour notice required for showings.
  • For Sale
    Status
  • 8
    Bedrooms
  • 3
    Bathrooms

Features & Amenities

Area & Lot

  • Status: For Sale
  • MLS® ID: 12749625
  • Type: Multi-Family
  • Elementary School:Talcott Elementary School
  • School District: 299

Interior

  • Total Bedrooms: 8
  • Total Bathrooms: 3

Exterior & Building

  • Water Source: Lake Michigan, Public
  • Parking: Alley Access, Yes, Owned
  • Heat Type: Natural Gas, Forced Air
  • Sewer: Public Sewer

Financial

  • Sales Price: $1,199,999
  • Real Estate Tax: $17,078/yr

1812 W Erie Street

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