ADDRESS
Suite C-1
55 East Erie St
Chicago, IL 60611
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
This PRISTINE 3-FLAT WITH ADDITIONAL GARDEN APARTMENT offers high-end condo quality finishes throughout the building and presents an INCREDIBLE INVESTMENT OPPORTUNITY. Current yearly rental income of $92,280 is below market value and could easily be increased. All apartments have been rehabbed with beautiful, modern kitchens and baths, in-unit laundry, hardwood floors (except the garden apartment) and spacious room sizes due the wider foot print of the building which sits on an extra-wide 30ft lot. Recent rehab created the perfect marriage of original vintage details and modern updates making these apartments highly desirable and easy to rent. Other recent updates include newer back porch, newer electric main and backup common laundry in the basement. Building also features a lovely backyard with 2-car garage and 3rd car parking pad. Sitting in a great location just 5 blocks from the Brown Line "L" and the heart of Lincoln Square with all of its wonderful shops and restaurants and only 2 blocks from beautiful River Park and the Chicago River walk with canoe launch, playground, dog park, pool and sports facilities this location simply can't be beat! This building is a turnkey investment property with great long-term tenants, but would also be perfect for an owner occupant buyer.
4 weeks ago | Listing updated with changes from the MLS® | |
4 weeks ago | Status changed to Active Under Contract | |
a month ago | Listing first seen on site |
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