1225 W Erie ST, Chicago, IL 60642
1225 W Erie ST, Chicago, IL 60642
1225 W Erie ST, Chicago, IL 60642
16
$1,000,000
$1,025,000
2.4%
Est.Price: ?

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7 BD
4 BA
3,049 Sqft Lot

1225 W Erie ST Chicago, IL 60642

Est. payment /mo
SOLD DATE : 04/16/2026

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Key Details

Sold Price $1,000,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12576429

Sold Date 04/16/26

Bedrooms 7

Annual Tax Amount $17,127

Tax Year 2024

Lot Size 3,049 Sqft

Lot Dimensions 25 X 128

Property Sub-Type Two to Four Units

Property Description

Exceptional opportunity to own a fully leased 3-flat ideally positioned at the crossroads of West Town, Noble Square, and River West. This solid income-producing property features a spacious 3-bedroom duplex-down on the first floor and two well-maintained 2-bedroom simplex units on the 2nd and 3rd floors - an ideal unit mix for strong, consistent rental demand. Each residence offers bright living areas and high ceilings. Individual HVAC systems in all 3 units, shared on-site laundry, and exterior parking spaces at the rear of the building. The property has a large backyard area. All leases are secured through Summer 2026, delivering immediate cash flow and built-in stability for the next owner. A truly turnkey asset in one of Chicago's most desirable rental corridors.

Location

State IL

County Cook

Area Chi - West Town

Zoning MULTI

Rooms

Basement Partially Finished, Exterior Entry, Full, Walk-Out Access

Interior

Heating Natural Gas

Fireplace N

Exterior

Community Features Curbs, Gated, Sidewalks, Street Lights, Street Paved

Building

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

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Midwest Real Estate Data (MRED) IDX
Listed by Owen Duffy of  Fulton Grace Realty 
Bought with Michael Endre of Roemer Park Realty Group Inc.

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Kate Gaffey

Kate Gaffey

Managing Partner

+1(630) 290-6800

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