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$ 1,150,000
Est. payment /mo
Open Fri 3:30PM-6PM
2058 W Erie Street Chicago, IL 60612
10 Beds
OPEN HOUSE
Fri May 02, 3:30pm - 6:00pm
Sat May 03, 10:00am - 12:00pm
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12350263
Bedrooms 10
Year Built 1890
Annual Tax Amount $14,422
Tax Year 2023
Lot Dimensions 25 X 125
Property Sub-Type Two to Four Units
Property Description
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.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Unfinished, Partial, Walk-Out Access
Interior
Heating Natural Gas
Fireplace N
Exterior
Exterior Feature Balcony, Roof Deck, Fire Pit
View Y/N true
Roof Type Asphalt,Flat
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Philip Leigh • Essex 312, LLC