Closed

$1,799,000

1451 Erie Street, Chicago, IL 60642
282 days
1451 Erie Street·Chicago, IL 60642
1885Year Built
About This Home

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.

MLS# 11727659Listed February 28, 2023Commercial Sale
Property Details

Beds & Baths

Size & Structure

Fireplaces0
Year Built1885
Lot Size0.070 acres

Location

CountyCook
TownshipWest Chicago
Zip Code60642

Financial

List Price$1,799,000
Annual Taxes (2021)$18,026
Monthly Tax Est.$1,502
Parcel #17081160120000
Interior Features

Cooling

Central Air

Basement

Finished
Exterior & Lot

Construction

Brick

Roof

Rubber

Foundation

Brick/MortarOther
Utilities & Parking

Electric

Circuit BreakersService - 201 to 600 Amps
Tax & Financial
Annual Taxes
$18,026
Tax Year 2021
Monthly Tax Est.
$1,502
per month
Property Location

1451 Erie Street, Chicago, IL 60642Cook County

$1,799,000
1451 Erie Street
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
282 days on market
0.070 acres
$18,026/yr taxes
$10,957
estimated monthly payment
Principal & Interest
$9,455/mo
Property Tax
$1,502/mo
$1,799,000
20% — $359,800
3%50%
6.875%
3%12%
Loan Amount
$1,439,200
Down Payment
$359,800

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

Listed by
Coldwell Banker Realty
Agent: Daniel Merrion
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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