Chicago, IL 60644 4906 W Erie Street
$499,000



44 more












































Presented By: EXIT Strategy Realty
Home Details
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 25x25 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
Presented By: EXIT Strategy Realty
Interior Features for 4906 W Erie Street
Bedrooms
Bedrooms Possible7
Total Bedrooms7
Bathrooms
BathroomSoaking Tub
Full Baths Building3
Half Baths Building
Total Baths3
Other Interior Features
BasementPartially Finished, Full
Total Number of Units2
Other Rooms
Room TypeEnclosed Porch
General for 4906 W Erie Street
Additional Parcels Y/NNo
CityChicago
Community FeaturesCurbs, Gated, Sidewalks, Street Lights
Construction MaterialsBrick
CountyCook
DirectionsSouth of Chicago Ave., one way west from Cicero to address
Elementary SchoolNash Elementary School
Elementary School District299
Garage Spaces2
Gross Income
HeatingNatural Gas
High School District299
MLS AreaCHI - Austin
Middle/Junior School District299
Net Operating Income
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofRubber, Flat
SewerPublic Sewer
Standard StatusActive
StatusPrice Change
Tax Annual Amount5233
Tax Year2025
Total Rooms14
TownshipWest Chicago
Virtual TourClick here
Year Built1905
ZoningMULTI
Exterior for 4906 W Erie Street
Foundation DetailsConcrete Perimeter
Lot Dimensions24x125
Lot FeaturesCommon Grounds
Lot Size Acres0.07
ModelBRICK TWO FLAT
Other EquipmentCeiling Fan(s)
Parking FeaturesGarage Door Opener, Yes, Detached, Garage
Total Parking2
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
N/A
Middle School
N/A
Elementary School
Nash Elementary School

SQFT • 2,200