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4906 W Erie St , Chicago, IL 60644
$449,000
Est. Payment: $2,409.10/mo
7 Bed
3 Bath
0.07 Acres
Status: contingent | Days on site: 155
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18235 - 154155,1018083
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House 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

Highlights

Listed by Alberto Gonzalez , 773-294-7534 EXIT Strategy Realty , 312-554-5478. Midwest Real Estate Data mls logo

Property Type

Multi-Family

Lot/Acreage
0.07

Year Built

1905

County

Cook

Area

CHI - Austin

School District

299

Listing ID

12650514

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
  • ▪ Bathrooms:3
Appliances:Ceiling Fan(s)
Basement:Finished,Full
Water:Lake Michigan

Exterior Features

Lot:Common Grounds
Lot Dimensions:24x125
Garage Capacity:2
Zoning:MULTI
Roof:Rubber,Flat
Sewer:Public Sewer
Parking Features:Garage Door Opener,Yes,Detached,Garage
Principal Interest
$2,409
Taxes
$436

Home Price

$449,000

Loan Details

30 yrs
7.08%

Down Payment

20%
$89,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,409.10

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,409.10 $436.08 $0.00 $2,845.18
Yearly $28,909.16 $5,233.00 $0.00 $34,142.16
Total $867,274.78 $156,990.00 $0.00 $1,024,264.78
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Master Chief
Lender
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Market insight data is pulled from the same city as the listing being viewed (Chicago, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T06:57:04.000Z

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