ADDRESS
Suite C-1
55 East Erie St
Chicago, IL 60611
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All-brick mid-Century 5-Unit multifamily building in prime Oak Park location. Discover an outstanding investment opportunity with this expansive 4,508 sq. ft., ideally situated on two lots. This well-maintained property features five spacious residential units and five dedicated on-site parking spaces; a rare and valuable amenity in the area. The unit mix is thoughtfully designed to attract a range of tenants: Two 1-bedroom, 1-bath units (~700 sq. ft. each) . Two 2-bedroom, 1-bath units (~975 sq. ft. each). One unique 2-bedroom, 2-bath duplex unit (~1,500 sq. ft.). Each residence offers timeless charm and functionality, with hardwood floors, wood cabinetry, ceramic tile bathrooms, and eat-in kitchens with dedicated dining spaces. Living and dining rooms are separate, providing a true sense of home. Additional features include a landlord-owned coin-operated laundry facility and solid rental income from long-term quality tenants. Oak Park is celebrated for its rich history, diverse population, and top-tier schools. Residents can also enjoy walking access to public transportation, parks, restaurants, music venues, retail shops, and more. With all units currently leased and substantial upside potential in rental income, this is a turn-key investment in a thriving rental market. Whether you're a seasoned investor or seeking a high-performing asset in an unbeatable location, this Oak Park gem is an exceptional opportunity.
4 weeks ago | Listing updated with changes from the MLS® | |
4 weeks ago | Status changed to Active | |
a month ago | Listing first seen on site |
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