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33161721
33161746

4906 W Erie Street, Chicago, IL 60644

AG
475.155143
EXIT Strategy Realty
Listed by EXIT Strategy Realty
$525,000
21 days on market
Updated 9 days ago

PRIME INVESTMENT OPPORTUNITY

Details
APN 16092110390000
Property Type Multifamily
Sub Type Single Family Rental Portfolio, Apartment Building
Square Footage 3,400
Net Rentable (SqFt) 2,200
Units 2
Tenancy Vacant
Year Built 1905
Year Renovated 2026
Buildings 1
Stories 2
Acreage 0.070
Zoning MULTI
Parking Spaces spaces
Investment Type Owner/User
Ownership FEE SIMPLE

Multifamily | 2 Units

Marketing description

A U S T I N

2-FLAT FOR SALE

4906 West Erie Street

Chicago, Illinois 60644

(South of Chicago Ave., one way west from Cicero to address)

ALL NEW REHAB

COME GET YOUR 2 FLAT

IN BOOMING AUSTIN

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.

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 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 unit

• 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.

Unit Details:

1200 SF Upper Apartment

3 bedrooms | 1 bathroom | Eat-in kitchen | Formal dining room

Living room 15x13

Nook closet 5x5

Dining room 16x13

Kitchen 16x11 stainless fridge, stove, microwave, ceiling fan

Pantry 4x6

Bedroom 1 9x9 closet

Bedroom 2 10x12 closet

Bedroom 3 10x11 closet

Bathroom 7x7 vanity, tub-shower

Linen 3x2

Back porch 14x8

1000 SF Lower Apartment

2 bedrooms | 1 bathroom | Eat-in kitchen | Formal dining room

Living room 15x13 ceiling fan

Nook closet 5x5

Dining room 16x13

Kitchen 16x11 stainless fridge, stove, microwave

Pantry 4x6

Bedroom 1 10x12 closet

Bedroom 2 9x9 closet

Bathroom 7x7 vanity, tub-shower

Linen 3x2

Back porch 10x8

1200 SF Garden Unit

3 multi-purpose rooms with closets | Full bathroom with oversized walk-in shower

Living room 16x11

Storage 8x5

Bedroom 18x8 closet 8x3

Mid room 16x7

Bedroom 2 13x12

Room 12x10 could be laundry

Office 8x8 could be office

BACK YARD 25x25

NEWER TWO CAR GARAGE

RS-3 ZONING---3025 SF lot (per the county 24X125)

LOW TAXES---$5233

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

6minute drive to I-290

Investment highlights

  • NEW REHAB
  • GREAT FOR INVESTORS
  • ADDITIONAL GARDEN LIVING SPACE
  • TWO CAR GARAGE
  • ADJACENT TO NASH ELEMENTARY SCHOOL
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Listing Contacts

AG
475.155143
EXIT Strategy Realty
Listed by EXIT Strategy Realty

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