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4906 W Erie Street, Chicago, IL 60644

Cook County

Key Facts

7Beds
3Baths
1905Year Built
0.07Lot (acres)
2Garage

Description

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 25x25 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 Information

Property Type

Residential Income

Sub-Type

Multi Family

Year Built

1905

Lot Size

0.07 acres

Lot Dimensions

24x125

Garage Spaces

2

Parking Spaces

2

Ownership

Fee Simple

Zoning

MULTI

Days on Market

62

MLS® Listing#

12650514

Property Features

Cooling:
Ceiling Fan(s)
Heating:
Natural Gas
Basement:
Partially Finished, Full
Parking:
Garage Door Opener, Detached, Garage
Patio:
Porch
Construction:
Brick
Foundation:
Concrete Perimeter
Roof:
Rubber, Flat
Community:
Curbs, Gated, Sidewalks, Street Lights
Sewer:
Public Sewer

Schools

Elementary:
Nash Elementary School

HOA & Tax

Annual Tax:
$5,233 (2025)
Parcel #:
16092110390000

Directions

South of Chicago Ave., one way west from Cicero to address

Affordability Calculator

$89,800

Estimated monthly payment

$2,390/mo

Principal $359,200 · Est. interest $501,116 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Chicago, IL

$389,939
Median Listing Price
45
Median Days on Market
1,444
Median Sq Ft
$273
Median Price / Sq Ft
4,582
Active Listings
  • This home’s price is 15% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.

Location

  • 4906 W Erie Street, Chicago, IL 60644

Nearby Schools

  • Chicago Public Schools

    Elementary · 0.1 mi away

  • Kipp Create College Prep

    Secondary School · 0.1 mi away

  • San Miguel School

    School · 0.4 mi away

  • Ronald E McNair Elementary School

    Elementary · 0.4 mi away

  • McNair Elementary Community Academy

    Elementary · 0.4 mi away

  • Moving Everest Charter School

    Elementary · 0.5 mi away

  • Spencer Technology Academy Elementary School

    Elementary · 0.5 mi away

  • Chicago Public Schools

    Elementary · 0.6 mi away

  • John Hay Public School

    Elementary · 0.6 mi away

  • Austin Career Education Center

    School · 0.6 mi away

  • Yccs West

    Secondary · 0.7 mi away

  • Loyola Academy

    School · 0.7 mi away

  • Chicago Public Schools

    School · 0.7 mi away

  • The Academy

    School · 0.7 mi away

  • St Martin de Porres School-Leclaire

    School · 0.7 mi away

  • Austin Community Academy High School

    Secondary · 0.9 mi away

  • The Academy of Scholastic Achievement

    School · 0.9 mi away

  • The Field School

    School · 0.9 mi away

  • Chicago Public Schools

    School · 0.9 mi away

  • Chicago Public Schools

    Secondary · 1.0 mi away

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Listing Courtesy: EXIT Strategy Realty - exitalberto@gmail.com

Based on information submitted to the MLS GRID as of 2026-05-16. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2026-05-16

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Chicago Association of Realtors. MLS® Listing#12650514. © 2026EXIT Realty®. All rights reserved.