Prime Investment Opportunity—NOW PRICED TO SELL—MAKE AN OFFER—-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. 3 bedroom upper unit–1200SF, 2 bedroom lower unit–1000SF, and garden unit with 3 multi-purpose rooms. THREE FULL BATHROOMS throughout. 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 25×25 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 uni. 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. Included is a newer two car garage plus a wood security fence in front. Current taxes are very low. 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. 6 minute drive to I-290
Property Details
Price:
$449,000
MLS #:
MRD12650514
Status:
Active
Beds:
7
Baths:
3
Type:
Multi Family
Neighborhood:
chiaustin
Listed Date:
May 16, 2026
Year Built:
1905
See this Listing
Schools
School District:
299
Elementary School:
Nash Elementary School
Interior
Heating
Natural Gas
Exterior
Community Features
Curbs, Gated, Sidewalks, Street Lights
Construction Materials
Brick
Garage Spaces
2
Lot Features
Common Grounds
Parking Features
Garage Door Opener, Yes, Detached, Garage
Parking Spots
2
Parking Total
2
Roof
Rubber, Flat
Financial
Tax Year
2025
Taxes
$5,233
Map
Community
- Address4906 W Erie Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60644
Market Summary
Current real estate data for Multi Family in Chicago as of Oct 07, 2026
1,349
Multi Family Listed
76
Avg DOM
$531,133
Avg List Price
Property Summary
- 4906 W Erie Street Chicago IL is a Multi Family for sale in Chicago, IL, 60644. It is listed for $449,000
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Copyright 2026. All rights reserved.
4906 W Erie Street
Chicago, IL


