$1,199,999

Multi Family In Chicago

  • 8 Beds
  • 3 Baths
  • Updated: September 8
  • Source:
    Midwest Real Estate Data (MRED)  MLS#12749625

About the Property

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, an
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.
  • Property type

    Other

Features

Features

Lot

Indoor

  • Office
  • Air Conditioning
  • Washer Dryer
  • Stone Countertops
  • Walk In Closet

Outdoor

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1812 W Erie Street, Chicago, Illinois, United States View on Google Maps
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Compass - Chicago

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Compass - Chicago
Illinois, United States
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Compass - Chicago
Chicago, Illinois, United States
View agency profile
Last updated
September 8
First listed
Sep 8
Listing reference
12749625
Listing status
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