Sold

1451 W Erie Street

Chicago IL, 60642

$1,725,000


Sold

Commercial

Built in 1885

Courtesy of Coldwell Banker Realty

Located in the heart of Noble Square/West Town is this spectacular turnkey, 2016 gut renovated 6-unit investment opportunity. Excellent cash flow with low fixed costs and potential to increase cash flow. The property sits on a 25 x 125 lot and has 3 exterior parking spaces. The building offers diverse floorplans, featuring (4) 1-bedroom, 1-bath and (2) Duplex 2-bedroom, 2.1-bath. All units have Central Air/Gas Forced Heat, in-unit washers & dryers, condo grade kitchens and baths with quartz countertops, full backsplash and stainless steel appliances. Other updates in 2016 include new decks, new tear off roof, tuckpointing, new plumbing, drain tile, new doors & trim. Perfect arm chair investment in an exceptional location. Close by public transportation, expressways, Fulton Market, Wicker Park and more!!! Part of a 3 package building with 1843 W Thomas and 1363 W Walton.

11727659

MLS ID

February 28, 2023

Listed

March 28, 2024

Updated

Map

1451 W Erie Street
Chicago IL, 60642

Interior Features

Total Stories

3


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.07 Acres


Roof

Rubber

Other Property Details

Area Name

CHI - West Town


Taxes

$18,026


Tax Frequency

Annually


Days on Market

282


Garage

No


View

No


County

Cook


Municipality

West Chicago


Pool

No


Zoning

MULTI


Buyer Agency Compensation

2.5%-$475

Listing History

Date

Event

Price

1/9/2024

Price Change

$1,725,000

-5%

1/9/2024

Sold

$1,725,000

Courtesy of Coldwell Banker Realty, Daniel Merrion,
Listing Contact: 312-208-9800 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Martin Edwards Team are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 3/28/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 4:21 AM UTC, 3/28/2024

 

 

Powered byLuxury Presence