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$449,000

4906 Erie St

Chicago, IL
Contingent
7
Bedrooms
0.07
Lot Size (acres)
1905
Year Built
169
Days On Market

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

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Listing Information

Listing Updated
16 days ago
Listed By
Alberto Gonzalez · EXIT Strategy Realty, 3125545478
MLS#
12650514
Source
Midwest Real Estate Data (MRED)
Status
Contingent

Facts & Features

Location

Community Information

Address
4906 W Erie St, Chicago, IL 60644
City
Chicago
County
Cook
Zip Code
60644

Architecture

Bedrooms
7
Year Built
1905
Construction Materials
Brick
Foundation
Concrete Perimeter
Roof
Rubber, Flat
Garage
Yes
Garage Spaces
2
Parking Features
Garage Door Opener, Garage, Detached

Features & Amenities

Patio and Porch
Porch
Community Features
Gated, Sidewalks, Curbs, Street Lights
Cooling
Ceiling Fan(s)
Heating
Natural Gas

Property Features

Lot Size
0.07 Acres
Sewer
Public Sewer

Tax & Financial Information

List Price
$449,000
Annual Taxes
$5,233

Schools

54/100
Nash Elementary School
Elementary · Grades PK–08 · 0.1 mi
Assigned school for this home
City
Chicago
Students
213
Student body
87% Black · 9% Hispanic / Latino · 4% Two or More Races
Free/reduced lunch
93%
Phone
(773) 534-6125
73/100
YCCS-Austin Career Educational Center High School
Grades M–M · 0.6 mi
City
Chicago
Students
59
Student–teacher
9.8
Student body
90% Black · 10% Hispanic / Latino
Free/reduced lunch
97%
Phone
(773) 626-6988
68/100
McNair Elementary School
Elementary · Grades PK–08 · 0.4 mi
City
Chicago
Students
328
Student–teacher
10.2
Parent reviews
5.0★ avg · 2 reviews
Student body
72% Black · 25% Hispanic / Latino · 2% White
Free/reduced lunch
89%
Phone
(773) 534-8980
62/100
Austin Bus & Entrepreneurship High School
Grades 09–12 · 0.9 mi
City
Chicago
Students
98
Student–teacher
14.0
Student body
97% Black · 2% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
97%
Phone
(773) 534-6316
55/100
Banner West Academy High School
Grades M–M · 0.4 mi
City
Chicago
Students
65
Student body
94% Black · 5% Hispanic / Latino · 2% Two or More Races
Free/reduced lunch
95%
Phone
(773) 854-1188
54/100
Hay Elementary Community Academy
Elementary · Grades PK–08 · 0.6 mi
City
Chicago
Students
297
Student body
82% Black · 16% Hispanic / Latino · 1% White
Phone
(773) 534-6000
53/100
KIPP Academy Chicago Campus
Elementary · Grades KG–08 · 0.1 mi
City
Chicago
Students
580
Student body
96% Black · 3% Hispanic / Latino · 0% White
Free/reduced lunch
94%
Phone
(773) 938-8553
53/100
Moving Everest Charter School
Elementary · Grades KG–08 · 0.5 mi
City
Chicago
Students
362
Student body
96% Black · 3% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
93%
Phone
(312) 683-9695

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
07/11/2026Price change$449,000
05/17/2026Listed for sale$525,000

Listed by Alberto Gonzalez · EXIT Strategy Realty · 3125545478

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: October 17, 2026 at 6:11 PM | Source: Midwest Real Estate Data (MRED) | MLS#: 12650514

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