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Renovated Two-Flat with Garden Unit
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4906 W Erie Street, Chicago, IL 60644

Turnkey renovated two-flat with separate back porches and a garden unit, supported by separate forced-air heat for each level.

Property Size3,400 SF
Lot Size0.07 Acres
Price / SF$146.76
Days on Market78

Property Features for 4906 W Erie Street

General Information

Standard status Active
Size 3,400 SF
Total Parking Spaces 2
Lot size 0.07 Acres
Property subtype Multifamily
Zoning RS-3

Site & Location

Highway Access Yes
Fenced Yard Yes

Additional Details

Business Included Yes
Multifamily Units 3

Building Details

Year Built 1905
Tenancy Multi
Listing Agency: EXIT Strategy Realty
Listed By: Alberto Gonzalez · License #475.155143
Source: Crexi
Added: May 16 Changed: Jul 10 Last Checked: Aug 1 at 11:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXIT Strategy Realty

Investment Insights

Based on property information with market context.

This renovated two-flat includes two main apartments and a separate garden unit, each with upgraded interiors and modern finishes. The property has all-new windows, brand-new appliances, neutral paint, and upgraded flooring, along with modern can lighting. Refinished front and rear staircases and a secure 6-foot wood privacy fence in front create a clean, controlled entry experience. Both main units feature separate back porches, and the garden level includes additional interior flexibility with multiple multi-purpose rooms and a full bathroom with an oversized walk-in shower. Kitchens are updated with granite countertops, white shaker-style cabinets, and stainless steel appliances, while the bathrooms include marble tile and tub/shower combinations.

Access and setting are centered around the near-west Austin area of Chicago. The lot is listed at 3025 SF (per the county) with a 24x125 dimension, and the property includes a newer two-car garage. Nearby education options include Nash Elementary, with Ronald McNair Elementary described as close by. The home is also reported as an approximately 12-minute walk to the Lake-Cicero Green Line L and offers easy access to Chicago Avenue, North Avenue, and I-290.

For tenants and owner-occupants, the layout supports either multi-unit leasing or a larger household needing separate living spaces. Each unit is supported by its own forced-air heating, and the building has two 100-amp electrical services plus a 100-amp common panel, supporting a practical, maintained system setup for day-to-day operations.

Key Highlights

  • Fully renovated 2‑flat (built 1905) with 3 units: 1200 SF upper, 1000 SF lower, and a 1200 SF garden unit
  • All new windows and brand‑new appliances, plus modern can lighting, upgraded flooring, and neutral paint throughout
  • Separate forced‑air heating for each unit; two 100‑amp electrical services plus a 100‑amp common panel

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
Turnkey business
Opportunity
Yes
Fenced yard
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 two-flat with separate back porches and a garden unit, supported by separate forced-air heat for each level.
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 $499,000.
What are key features of this property?
This property features: Fully renovated 2‑flat (built 1905) with 3 units: 1200 SF upper, 1000 SF lower, and a 1200 SF garden unit; All new windows and brand‑new appliances, plus modern can lighting, upgraded flooring, and neutral paint throughout; Separate forced‑air heating for each unit; two 100‑amp electrical services plus a 100‑amp common panel
(773) 294-7534 Call to check price and availability
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