2058 W Erie Street
Chicago, IL, 60612
$1,150,000
10 Beds
4 Baths
0 SqFt
0 Acres
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$1,150,000
2058 W Erie Street
Chicago, IL, 60612
MLS #MRD12350263 img 0MLS #MRD12350263 img 1MLS #MRD12350263 img 2MLS #MRD12350263 img 3MLS #MRD12350263 img 4MLS #MRD12350263 img 5MLS #MRD12350263 img 6MLS #MRD12350263 img 7MLS #MRD12350263 img 8MLS #MRD12350263 img 9MLS #MRD12350263 img 10MLS #MRD12350263 img 11MLS #MRD12350263 img 12MLS #MRD12350263 img 13MLS #MRD12350263 img 14MLS #MRD12350263 img 15MLS #MRD12350263 img 16MLS #MRD12350263 img 17MLS #MRD12350263 img 18MLS #MRD12350263 img 19MLS #MRD12350263 img 20MLS #MRD12350263 img 21MLS #MRD12350263 img 22MLS #MRD12350263 img 23MLS #MRD12350263 img 24MLS #MRD12350263 img 25MLS #MRD12350263 img 26MLS #MRD12350263 img 27
4-unit building (3 units plus 2-story coach house) in Ukrainian Village available for owner occupancy, or simply as an investment with $80,000 of in-place net operating income, a 7.0% in-place cap rate at the listed price. Recently renovated with central air-conditioning, in-unit laundry, new porches (2020), new vinyl siding (2022), new windows (2022), and a new flat roof (2020). Front building consists of English Garden 2 bed/1ba, 1st floor 3 bed/1ba, 2nd floor 3bd/1ba. Property includes a separate 2-story Coach House with 2 bed/1ba and large rooftop deck overlooking the common area fenced yard. Opportunity to capitalize on the growing rents in the neighborhood given its proximity to the retail corridors of Damen and Division to the north as well as the West Loop and Illinois Medical District to the South. Surprisingly easy street parking, no permit required. Agent Owned.

Property Details

Price:
$1,150,000
MLS #:
MRD12350263
Status:
Active
Beds:
10
Baths:
4
Address:
2058 W Erie Street
Type:
Multi Family
Neighborhood:
CHI – West Town
City:
Chicago
Listed Date:
Apr 28, 2025
State:
IL
ZIP:
60612
Year Built:
1890

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Vinyl Siding
Exterior Features
Balcony, Roof Deck, Fire Pit
Roof
Asphalt, Flat

Financial

Net Operating Income
$80,168
Tax Year
2023
Taxes
$14,423
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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2058 W Erie Street
Chicago, IL