1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
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$1,725,000

1451 W Erie Street

3,049.2 Sq.Ft.

Description

Located in the heart of Noble Square/West Town is this spectacular turnkey, 2016 gut renovated 6-unit investment opportunity. Excellent cash flow with low fixed costs and potential to increase cash flow. The property sits on a 25 x 125 lot and has 3 exterior parking spaces. The building offers diverse floorplans, featuring (4) 1-bedroom, 1-bath and (2) Duplex 2-bedroom, 2.1-bath. All units have Central Air/Gas Forced Heat, in-unit washers & dryers, condo grade kitchens and baths with quartz countertops, full backsplash and stainless steel appliances. Other updates in 2016 include new decks, new tear off roof, tuckpointing, new plumbing, drain tile, new doors & trim. Perfect arm chair investment in an exceptional location. Close by public transportation, expressways, Fulton Market, Wicker Park and more!!! Part of a 3 package building with 1843 W Thomas and 1363 W Walton.

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Location

1451 W Erie Street, Chicago, IL 60642

Status

Sold
Daniel Merrion

Daniel Merrion

Property Amenities

Area & Lot
Lot Area 3,049.2 Sq.Ft.
Living area 3,049.2 Sq.Ft.
MLS® ID 11727659
Year Built 1885
Type Commercial
Status Sold
Exterior
Stories 3
Air conditioning Central Air
Roof Rubber
Finance
Sales Price $1,725,000
Real Estate Tax $18,026 yearly
1451 W Erie Street
1451 W Erie Street
1451 W Erie Street
"Excellent cash flow with low fixed costs and potential to increase cash flow."

— Dan Merrion

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