1812 W Erie Street, Chicago, IL, 60622

$1,199,999

8

Beds

About 1812 W Erie Street

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.

Additional Information: This property is located in the CHI - West Town neighborhood, IL. This 8 bedrooms two to four units property is priced at $1,199,999.

Facts & Features

MLS® # 12749625
Price $1,199,999
Bedrooms 8
Bathrooms 0.00
Taxes $17,078
Type Residential Income
Sub-Type Two to Four Units
Status New

Community Information

Address 1812 W Erie Street
Area CHI - West Town
City Chicago
County Cook
State IL
Zip Code 60622

Amenities

Parking Spaces 2
Parking Alley Access, Yes, Owned
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air
Fireplace No
Has Basement No
Basement None

Exterior

Exterior Vinyl Siding

School Information

District 299
Elementary Talcott Elementary School

Additional Information

Days on Market 1
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $17,078

Listing Details

OfficeCompass

Listing Map

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