Chicago, IL 60612 2058 W Erie Street

OPEN HOUSE Fri, May 02 2025 03:30 PM - 06:00 PM
OPEN HOUSE Sat, May 03 2025 10:00 AM - 12:00 PM
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Presented By: Essex 312, LLC
  • MLS# 12350263
  • 04/28/2025
  • Request Tour
  • Request Info
  • Beds • 10
  • Baths • 4

Home Details

4-unit building (3 units plus 2-story coach house) in Ukrainian Village available for owner occupancy, or simply as an investment with $80,000 of in-place net operating income, a 7.0% in-place cap rate at the listed price. Recently renovated with central air-conditioning, in-unit laundry, new porches (2020), new vinyl siding (2022), new windows (2022), and a new flat roof (2020). Front building consists of English Garden 2 bed/1ba, 1st floor 3 bed/1ba, 2nd floor 3bd/1ba. Property includes a separate 2-story Coach House with 2 bed/1ba and large rooftop deck overlooking the common area fenced yard. Opportunity to capitalize on the growing rents in the neighborhood given its proximity to the retail corridors of Damen and Division to the north as well as the West Loop and Illinois Medical District to the South. Surprisingly easy street parking, no permit required. Agent Owned.
Presented By: Essex 312, LLC

Interior Features for 2058 W Erie Street

Bedrooms

Bedrooms Possible10
Total Bedrooms10

Bathrooms

Full Baths Building4
Half Baths Building
Total Baths4

Other Interior Features

BasementUnfinished, Partial, Walk-Out Access
Total Number of Units4

Other Rooms

Room TypeUtility Room-Lower Level

General for 2058 W Erie Street

Additional Parcels Y/NNo
CityChicago
Construction MaterialsVinyl Siding
CountyCook
DirectionsCorner of Hoyne St and W. Erie Street
Electric Expense
Elementary School District299
Fuel Expense
HeatingNatural Gas
High School District299
Insurance Expense2903
MLS AreaCHI - West Town
MaintenanceExpense3200
Middle/Junior School District299
Net Operating Income80168
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt, Flat
SewerPublic Sewer
Standard StatusActive
StatusNew
Tax Annual Amount14422.79
Tax Year2023
Total Rooms20
TownshipWest Chicago
Trash Expense0
Water Sewer Expense955
Waterfront Y/NNo
Year Built1890
ZoningMULTI

Exterior for 2058 W Erie Street

Exterior AmenitiesBalcony, Roof Deck, Fire Pit
Foundation DetailsConcrete Perimeter
Lot Dimensions25 X 125
Total Parking0
Water SourcePublic

Additional Details

Price History

Client Care

Price $1,150,000
MLS#12350263
List Date 04/28/2025
Property Type Multi-Family
Phone 847.485.2500
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