$1,150,000
2058 W Erie Street
Chicago, IL, 60612
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
Tax Year
2023
Taxes
$14,423
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
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