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1451 W Erie Street Chicago, IL 60642
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Key Details
Sold Price $1,725,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11727659
Sold Date 01/08/24
Year Built 1885
Annual Tax Amount $18,026
Tax Year 2021
Lot Size 3,049 Sqft
Lot Dimensions 25 X 125
Property Description
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.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Central Air
Fireplace Y
Exterior
View Y/N true
Roof Type Rubber
Building
Foundation Brick/Mortar, Other
Structure Type Brick
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Bought with Colin Hebson • Dream Town Real Estate