Closed

$1,025,000

1225 Erie Street, Chicago, IL 60642
7 Beds4 Baths8 days
1225 Erie Street·Chicago, IL 60642
7Bedrooms
4Bathrooms
About This Home

Exceptional opportunity to own a fully leased 3-flat ideally positioned at the crossroads of West Town, Noble Square, and River West. This solid income-producing property features a spacious 3-bedroom duplex-down on the first floor and two well-maintained 2-bedroom simplex units on the 2nd and 3rd floors - an ideal unit mix for strong, consistent rental demand. Each residence offers bright living areas and high ceilings. Individual HVAC systems in all 3 units, shared on-site laundry, and exterior parking spaces at the rear of the building. The property has a large backyard area. All leases are secured through Summer 2026, delivering immediate cash flow and built-in stability for the next owner. A truly turnkey asset in one of Chicago's most desirable rental corridors.

MLS# 12576429Listed February 26, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms4
Total Rooms14

Size & Structure

Lot Size0.070 acres

Location

CountyCook
TownshipWest Chicago
Zip Code60642

Financial

List Price$1,025,000
Annual Taxes (2024)$17,128
Monthly Tax Est.$1,427
Parcel #17081200110000
Interior Features

Heating

Natural Gas

Basement

Partially FinishedExterior EntryFullWalk-Out Access
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

Off AlleyOff StreetYesOwned
HOA & Community

Community Features

CurbsGatedSidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$17,128
Tax Year 2024
Monthly Tax Est.
$1,427
per month
Property Location

1225 Erie Street, Chicago, IL 60642Cook County

$1,025,000
1225 Erie Street
7 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
8 days on market
0.070 acres
$17,128/yr taxes
$6,814
estimated monthly payment
Principal & Interest
$5,387/mo
Property Tax
$1,427/mo
$1,025,000
20% — $205,000
3%50%
6.875%
3%12%
Loan Amount
$820,000
Down Payment
$205,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Fulton Grace Realty
Agent: Owen Duffy
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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