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Renovated Triplex with Backyard
For Sale
Under Contract
$449,000

4906 W Erie Street, Chicago, IL 60644

MULTI_FAMILY - Chicago, IL

Lot Size0.07 Acres
Days on Market78

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 Bathroom 1, Bedroom 1, Bedroom 4, Basement, Bedroom 6, Bedroom 7, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 3
Parking 2
Parking features Open, Garage
Basement Partially 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

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: Jul 28 Last Checked: Aug 1 at 3:06PM
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.

4906 W Erie Street presents a renovated multi-unit triplex configured with two main apartments and a garden unit. The building includes an upper 3-bedroom unit, a 2-bedroom lower unit, and a garden unit with three multi-purpose rooms. There are three full bathrooms throughout. Updates include new windows, brand-new appliances, modern can lighting, upgraded flooring, and refinished front and rear staircases. Kitchens feature granite countertops, white shaker-style cabinets, and deep double-bowl sinks, with stainless steel appliance packages (stove, microwave, and refrigerator). Bathrooms include marble tile, vanities, and tub/shower combinations, with the garden unit offering a large walk-in shower.

The property also includes exterior and site improvements designed for everyday use, including a secure 6-foot wood privacy fence at the front, separate back porches for both main units, and a spacious 25x25 backyard. A newer two-car garage supports on-site parking.

Mechanically, the triplex is set up with separate forced-air heating for each unit, along with two 100-amp electrical services plus a 100-amp common panel. The location is noted as next to Nash Elementary and close to Ronald McNair Elementary School, with a roughly 12-minute walk to the Lake-Cicero Green Line L and convenient access to Chicago Avenue, North Avenue, and I-290.

Key Highlights

  • Renovated multi‑unit building with 3 full bathrooms: 3BR upper (1200 SF), 2BR lower (1000 SF), plus a garden unit with 3 multi‑purpose rooms
  • Separate forced‑air heating for each unit, plus two 100‑amp electrical services and a 100‑amp common panel
  • New windows and brand‑new stainless steel appliances (stove, microwave, refrigerator); modern can lighting, updated flooring and neutral paint

Property Analytics

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
Multi-tenant
Tenancy
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

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?
Triplex - Turnkey renovated triplex with updated kitchens, separate heating, and a fenced yard.
Where is this triplex 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 multi‑unit building with 3 full bathrooms: 3BR upper (1200 SF), 2BR lower (1000 SF), plus a garden unit with 3 multi‑purpose rooms; Separate forced‑air heating for each unit, plus two 100‑amp electrical services and a 100‑amp common panel; New windows and brand‑new stainless steel appliances (stove, microwave, refrigerator); modern can lighting, updated flooring and neutral paint
More about this property
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