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  • Price cut: $50K (7/11)
    $449,000

    4906 W Erie St, Chicago, IL 60644

    5beds
    --sqft
    : 
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    Multi Family
    Built in 1905
    -- sqft lot
    $447,200 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Modern can lightingDesigner neutral paintAll new windowsNewer two car garageGranite countertopsUpgraded flooringWhite shaker-style cabinets
    Prime Investment Opportunity---NOW PRICED TO SELL---MAKE AN OFFER----Renovated Multi-Unit Gem Offering Flexible Income or Spacious Family Residence. Beautifully updated multi-unit building featuring two spacious apartments and a large garden unit, ideal for savvy investors seeking high cap rates or for a large extended family with all this space. 3 bedroom upper unit--1200SF, 2 bedroom lower unit--1000SF, and garden unit with 3 multi-purpose rooms. Three full bathrooms throughout. Property Highlights: Fully renovated with high-quality finishes throughout. All new windows and brand new appliances. Modern can lighting, designer neutral paint, and upgraded flooring. Newly refinished front and rear staircases. Secure 6-foot wood privacy fence in front. Separate back porches for both main units plus a spacious 25x25 backyard perfect for grilling and outdoor enjoyment. Kitchens & Baths--- Granite countertops, white shaker-style cabinets, and deep double-bowl sinks. Stainless steel appliances (stove, microwave, refrigerator) Bathrooms feature marble tile, vanities, and tub/shower combinations (garden unit has a large walk-in shower) Mechanicals & Systems---Separate forced-air heating for each uni. Two 100-amp electrical services plus a 100-amp common panel. This turnkey property offers excellent income potential with modern updates, desirable layouts, and strong tenant appeal.Perfect for investors looking to maximize returns or a large extended family looking for space. Included is a newer two car garage plus a wood security fence in front. Current taxes are very low. RIGHT next to Nash Elementary, very close to Ronald McNair Elementary School. 12 minute walk to the Lake-Cicero Green Line L, RAPID access east and west. Close to lots of shopping and restaurants. Easy access to Chicago Avenue, North Avenue, and 290. 6 minute drive to I-290
    51 days
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    278
    |
    24
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    Zillow last checked:

    Listing updated:

    Listed by:

    Alberto Gonzalez exitalberto@gmail.com,

    EXIT Strategy Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12650514MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 3
      Rooms
      • Room types: Enclosed Porch
      Bathroom
      • Features: Soaking Tub
      Heating
      • Natural Gas
      Features
      • Basement: Partially Finished,Full
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Door Opener, Yes, Detached, Garage
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Lot
      • Size: 3,049 Square Feet
      • Dimensions: 24x125
      • Features: Common Grounds
      Details
      • Parcel number: 16092110390000
      • Zoning: MULTI
      • Special conditions: None
      • Other equipment: Ceiling Fan(s)

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Concrete Perimeter
      • Roof: Rubber,Flat
      Condition
      • New construction: No
      • Year built: 1905
      • Major remodel year: 2026
      Details
      • Builder model: BRICK TWO FLAT

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Lake Michigan

      Community & HOA

      Community
      • Features: Curbs, Gated, Sidewalks, Street Lights
      Location
      • Region: Chicago

      Financial & listing details

      • Annual tax amount: $5,233
      • Date on market: 5/27/2026
      • Ownership: Fee Simple

        Estimated market value

        $447,200

        $425,000 - $470,000

        $2,073/mo

        Price history

        DateEventPrice
        7/11/2026Price change$449,000-10%
        Source: MRED as distributed by MLS GRID #12650514 Report a problem
        6/7/2026Price change$499,000-5%
        Source: MRED as distributed by MLS GRID #12650514 Report a problem
        5/25/2026Listed for sale$525,000
        Source: MRED as distributed by MLS GRID #12650514 Report a problem
        5/21/2026Contingent$525,000
        Source: MRED as distributed by MLS GRID #12650514 Report a problem
        5/18/2026Listed for sale$525,000+1510.4%
        Source: MRED as distributed by MLS GRID #12650514 Report a problem
        6/7/2016Sold$32,600-9.2%
        Source: MRED as distributed by MLS GRID #09149786 Report a problem
        4/30/2016Price change$35,900-20%
        Source: Rising Realty LLC #09149786 Report a problem
        3/23/2016Price change$44,900-18.4%
        Source: Rising Realty LLC #09149786 Report a problem
        3/3/2016Listed for sale--
        Source: Rising Realty LLC #09149786 Report a problem
        5/6/2015Listing removed$55,000
        Source: RE/MAX House of Real Estate #08787694 Report a problem
        3/31/2015Price change$55,000-17.9%
        Source: RE/MAX House of Real Estate #08787694 Report a problem
        2/19/2015Price change$67,000-10.7%
        Source: RE/MAX House of Real Estate #08787694 Report a problem
        1/14/2015Price change$75,000-6.3%
        Source: RE/MAX House of Real Estate #08787694 Report a problem
        11/18/2014Listed for sale$80,000
        Source: RE/MAX House of Real Estate #08787694 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South Austin

        Getting around

        57 / 100
        Somewhat Walkable
        65 / 100
        Good Transit
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Nash Elementary School
        • District: 299

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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