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1812 W Erie Street Chicago, IL 60622

$1,199,999
New / MLS# 12749625 / Multi Unit - Multiple / Chicago
8 Beds
3 Baths

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.

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Estimated Payment

$ 4,860.82 per month $3,087.74 Principal & Interest $1,423.08 Property Tax $350.00 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: None
Heating: Natural Gas, Forced Air
Lot Size: 0.07 Acres
Taxes: $17,077

Feature Descriptions

Exterior: Vinyl Siding
Lot Dimensions: 24X123
Parcel#: 17072090430000
Parking: Alley Access, Yes, Owned
Sewer: Public Sewer
Total Rooms: 13
Township: West Chicago
Water: Lake Michigan, Public

Schools

Elementary School: Talcott Elementary School
School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Compass

Listing Office Phone: 773-466-7150



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