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$1,725,000
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1451 W Erie Street

Chicago, Illinois 60642
Closed / MLS #11727659 / Multiple Family / West Town
Listing information updated 1/9/2024 at 12:03am
Located in the heart of Noble Square/West Town is this spectacular turnkey, 2016 gut renovated 6-unit investment opportunity. Excellent cash flow with low fixed costs and potential to increase cash flow. The property sits on a 25 x 125 lot and has 3 exterior parking spaces. The building offers diverse floorplans, featuring (4) 1-bedroom, 1-bath and (2) Duplex 2-bedroom, 2.1-bath. All units have Central Air/Gas Forced Heat, in-unit washers & dryers, condo grade kitchens and baths with quartz countertops, full backsplash and stainless steel appliances. Other updates in 2016 include new decks, new tear off roof, tuckpointing, new plumbing, drain tile, new doors & trim. Perfect arm chair investment in an exceptional location. Close by public transportation, expressways, Fulton Market, Wicker Park and more!!! Part of a 3 package building with 1843 W Thomas and 1363 W Walton.

Full Features

Exterior Type:
Brick
Basement:
Finished
Water Front:
No
Square Feet:
N/A
Acreage:
0.07
Built:
1885
Cooling System:
Central Air
Stories:
3
Roof:
Rubber
Current Use:
Legal Non Conforming
Zoning:
MULTI
Current Net Income:
$103,988
Unit 1:
5 room(s) / 2 bed(s) / 2 bath(s)
Unit 2:
3 room(s) / 1 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:
$18,026
Tax Year:
2021

Location

Zip Code:
60642
City:
Chicago
County:
Cook

Listing Office: Coldwell Banker Realty

Listing Office Phone: 312.266.7000

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 1/9/2024 at 12:03am. 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.

West Town, IL

Comprised of several distinct Chicago neighborhoods northwest of the Loop, West Town is a thriving community that has experienced extensive development over the past decade. The community includes the neighborhoods of Wicker Park, Ukrainian Village, East Village, River West, Noble Square, East Humbo...

CTA

CTA
Blue line at Chicago
CTA
Green line at Ashland
CTA
Pink line at Ashland
$680,376
Average Sale Price
55
Average Days On The Market
99%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1451 W Erie Street, Chicago, IL 60642

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1451 W Erie Street is a multiple family which sold for $1,725,000. This multiple family has been listed on @properties since February 28th, 2023 and was built in 1885. The nearest transit stops include Chicago CTA Blue line.

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