Listed by RE/MAX Premier
$1,600,000
1743 W Erie Street
Details
APN 17072140070000
Property Type Multifamily
Sub Type Apartment Building, Apartment/Condo
Units 6
Cap Rate 7.20%
NOI $97,906
Year Built 1887
Stories 3
Acreage 0.070
Zoning MULTI
Multifamily | 7.20% CAP | 6 Units
Marketing description
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.
Listing Contacts
Listed by RE/MAX Premier
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$97,906.00
$8,158.83/mo
Valuation Metrics
0
DSCR
6.12%
Cap Rate
6.12%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
