1451 W Erie Street

Chicago, Illinois 60642

Debi Weinberg

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Property Type
Multiple Family
West Town

Located in the heart of Noble Square is this spectacular turnkey, gut renovated 6-unit investment opportunity. Excellent cash flow with low fixed costs. 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 during ownership include new decks, new tear off roof, tuckpointing, new plumbing, drain tile, new doors & trim. Perfect arm chair investment in an exceptional location. Income and Expense upon request- Pro-Forma based on $121,000+ gross annual income.

Full Features
Exterior Type: Brick
Basement: Finished
Pool: No
Square Feet: N/A
Tax Amount: $12,000
Built: 1885
Parking Spaces: 3
Cooling System: Central Air
Stories: 3
Roof: Rubber
Current Use: Legal Non Conforming
Zoning: MULTI
Current Net Income: $10,398
Unit 1: 5 room(s) / 2 bed(s) / 2 bath(s)
Unit 2: 3 room(s) / 1 bed(s) / 1 bath(s)
School District(s): No Data Available

Taxes & Assessments
Taxes: $12,000

Listing Office: North Clybourn Group, Inc.

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West Town photo

West Town

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

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Nearby Public Transportation

CTA Rail

at Chicago (0.50 miles away), Ashland

Milwaukee District North, North Central Service, Milwaukee District West, Union Pacific West, Union Pacific North, Union Pacific Northwest, BNSF Railway, Heritage Corridor, Southwest Service, Metra Electric Main Branch, South Shore, Rock Island District

at Western Ave Metra (1.26 miles away), Western, Ogilvie Transportation Center, Union Station and others

1451 W Erie Street Chicago, Illinois 60642 is a multiple family property, which sold for $1,630,000. Want to learn more about 1451 W Erie Street Chicago, Illinois 60642? Contact an @properties agent to request more info.

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