Chicago, IL 60622 1743 W Erie Street
$1,600,000



28 more




























Presented By: RE/MAX Premier
Home Details
6-unit building in the heart of West Town featuring updated kitchens with stainless steel appliances, dishwashers, granite and quartz countertops, subway tile backsplashes, 42" maple cabinetry, gas stoves, and microwave hoods. Classic Chicago walk-up with coin laundry in the basement. Major building improvements include newer electrical, plumbing, and windows. Prime location surrounded by popular dining, coffee, and entertainment options including Twisted Spoke, Roots Pizza, Black Dog Gelato, Smoke Daddy, Sip Cafe, Dark Matter Coffee, The Empty Bottle, and The Matchbox. Conveniently located just 3 blocks from Mariano's, 2 blocks from Commercial Park, and within half a mile of the Green, Blue, and Pink CTA lines plus the Grand Avenue bus route. Strong investment opportunity in a high-demand rental area with historically low vacancy.
Presented By: RE/MAX Premier
General for 1743 W Erie Street
Additional Parcels Y/NNo
Cap Rate7.2
CityChicago
Construction MaterialsBlock, Brick
CoolingCentral Air
CountyCook
Current UseMulti-Family
DirectionsGrand to Ashland, head North to Erie, head West to 1743
ElectricService - 101 to 200 Amps
Electric Expense1294
Fuel Expense1689
Gross Income124880
Insurance Expense
MLS AreaCHI - West Town
MaintenanceExpense
Net Operating Income97906
Number Of Units Total6
Operating Expense9423
PossessionClosing
Possible UseCondominium, Multi-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofRubber
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount22146.62
Tax Year2024
Tenant PaysAir Conditioning, Electricity, Heat, Hot Water
TownshipWest Chicago
Trash Expense8038
Water Sewer Expense1419
Year Built1887
ZoningMULTI
Exterior for 1743 W Erie Street
Foundation DetailsConcrete Perimeter
Lot Dimensions25 X 125
Lot Size Acres0.07
Additional Details
Price History
