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Renovated Multifamily Property
For Sale
Under Contract
$449,000

4906 W Erie Street, Chicago, IL 60644

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.07 Acres
Days on Market125

Property Features for 4906 W Erie Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bedroom 3, Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 6, Bathroom 2, Basement, Bathroom 1, Bedroom 7, Bedroom 2
Parking 2
Parking features Open, Garage
Basement Finished, Full
Lot features Common Grounds
Elementary school Nash Elementary School
Elementary school district 299
Middle school district 299
High school district 299
Directions South of Chicago Ave., one way west from Cicero to address
Subdivision CHI - Austin
Standard status Active Under Contract
APN 16092110390000
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5233

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Amenities

backyard
privacy fence
back porches

Building Details

Year built 1905
Building materials Brick
Roof type Rubber, Flat
Listing Agency: EXIT Strategy Realty · EXIT Realty
Listed By: Alberto Gonzalez · License #475155143
Added: May 16 Changed: Sep 13 Last Checked: Sep 17 at 4:06AM
MLS# 12650514

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This renovated multifamily property contains two apartments and a garden-level unit. The upper apartment offers 3 bedrooms and 1,200 SF, while the lower apartment includes 2 bedrooms and 1,000 SF. The garden level has three multipurpose rooms, and the building includes three full bathrooms. Updated interiors feature granite kitchen countertops, white shaker cabinetry, stainless steel appliances, modern lighting, neutral paint, upgraded flooring, and refreshed staircases. Each unit has separate forced-air heating. Electrical service includes two 100-amp panels for the apartments plus a 100-amp common panel.

Exterior features include separate rear porches for the main apartments, a 25x25 backyard, a 6-foot front privacy fence, and a newer two-car garage. The 0.07-acre property is constructed of brick, uses public sewer, and has a flat rubber roof. It is next to Nash Elementary, near Ronald McNair Elementary School, and within a 12-minute walk of the Lake-Cicero Green Line L. Chicago Avenue, North Avenue, and I-290 provide additional area access.

Key Highlights

  • Renovated multifamily building with two apartments and a garden unit
  • Upper apartment: 3 bedrooms and 1,200SF; lower apartment: 2 bedrooms and 1,000SF
  • Garden unit includes 3 multipurpose rooms; property has THREE FULL BATHROOMS

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

901
Businesses Nearby

Demographics for 60644, IL

47,239
Population
20,619
Households
2.3
Avg Household Size
36
Median Age
11%
College-Educated
85%
High-School Grad
3.5 sq mi
ZIP Area
13,497
Density / Sq Mi
$37,952
Median Household Income
$31,304
Median Earnings
$1,096
Median Rent
$238,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Three distinct living areas include two apartments and a garden-level unit, with separate forced-air heat serving each unit.
Where is this multifamily property located?
The property is located at 4906 W Erie Street Chicago, IL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Renovated multifamily building with two apartments and a garden unit; Upper apartment: 3 bedrooms and 1,200SF; lower apartment: 2 bedrooms and 1,000SF; Garden unit includes 3 multipurpose rooms; property has THREE FULL BATHROOMS
More about this property
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