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1415 W Erie Street, Chicago, IL 60642
$1,150,000
1415 W Erie Street, Chicago, IL 60642View this property at 1415 W Erie Street, Chicago, IL 60642
1415 W Erie StreetChicagoIL60642
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Property Description
Great opportunity to own this 7 unit building. This well cared building has been well maintained by the owners. All units are rented and currents rents are below market value due to long term tenants. Excellent cash flow with low fixed costs and potential to increase cash flow. Tenants are month to month and each pay their own gas and electric. New electricity and plumbing. Close to shopping, Don't miss out on this opportunity to own this beautiful 4-level 7-unit ! SOLD AS-IS!
Full Property Details
Full Property Details for 1415 W Erie St
General
- Sold For: $1,150,000
- Taxes: $21,618 (2022)
- Status: Closed
- Type: Commercial
- MLS ID: 11959578
- Added to Site: 126 day(s) ago
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: Noble to Erie (EAST) To Address
Heating & Cooling
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Brick/Mortar
- Stories/Levels: 4
- Year Built: 1891
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 3125
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1891
- Tax Amount: $21,618
- Tax Year: 2022
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 17081170100000
Listed by Smart Home Realty
Sold by Chicago Real Estate Resources
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Schools
Schools serving 1415 W Erie St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
525 N Armour St, Chicago, IL 60642 | PK-8 | 0.2 mi | |
936 N Ashland Ave, Chicago, IL 60622 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1415 W Erie St
Date
Details
Price
Change
Source
4/15/2024
Sold
$1,150,000
-8%
MLS
1/12/2024
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1415 W Erie Street, Chicago, IL 60642 (MLS# 11959578) is a Commercial property that was sold at $1,150,000 on April 15, 2024. Want to learn more about 1415 W Erie Street? Do you have questions about finding other Commercial real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.