4906 W Erie Street, Chicago, IL 60644
Description
Prime Investment Opportunity—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 25×25 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
- Listing Courtesy of: EXIT Strategy Realty
Details
Updated on June 28, 2026 at 8:34 pm-
Property ID MRD12650514
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Price $499,000
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Land Area 0.07 Acres
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Bedrooms 7
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Garages 2
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Year Built 1905
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Property Type Multi Family
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Property Status Active
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Parking Total 2
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Parcel Number 16092110390000
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Water Source Lake Michigan
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Sewer Public Sewer
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MLS Status Active
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Days On Market 43
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Living Area 0.07
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Cumulative Days On Market 29
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Tax Annual Amount 5233
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Heating Natural Gas
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Parking Features Garage Door Opener,Yes,Detached,Garage
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Directions South of Chicago Ave., one way west from Cicero to address
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Zoning MULTI
Address
Open on Google Maps- Address 4906 W Erie Street
- City Chicago
- State/county IL
- Zip/Postal Code 60644
- Country United States
Overview
- Multi Family
- 7
- 2
- 1905
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