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1225 W Erie ST Chicago, IL 60642
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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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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Michael Endre of Roemer Park Realty Group Inc.
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