1225 W Erie Street, Chicago, IL 60642

Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
1225 W Erie Street,Chicago, IL 60642
$1,025,000
  • 7 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: owen duffy, tabitha cairo
Office: fulton grace realty
MLS#:12576429
Source:MLSNI

Price summary

  • Price:$1,025,000

About this home

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.

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Home facts

  • Listing ID #:12576429
  • Added:164 day(s) ago
  • Updated:March 09, 2026 at 07:57 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:14
  • Basement:Yes
  • Basement Description:Full, Partially Finished

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Lot area:0.07 Acres

Utilities

  • Water:Lake Michigan, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,025,000
  • Tax amount:$17,128 (2024)
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