1319 W ERIE Street
Chicago, IL 60622

Status: Sold
Multi Family
4 beds
0 baths
0 sq.ft
Listing Price: $825,000
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About this home

Well located River West at the Gate Way to Fulton Market, River North and the West Loop. The OG of Unicorns, True Bespoke Brick Tandem 4 Unit with full basement, 4 car tandem parking. Gut renovated in 90's into Exceptional Expansive Hip True Loft units. A Certain Instagram Sweetheart, Inspires Naive Innocence of Youthful Optimism Exploding with Possibility. Exposed Brick, Open Timber Ceilings, Skylights, Separate Gas Forced Air and Central Air, Dishwashers, Mostly Hardwood Floors. Rear Decks, Lush Serene Urban Garden, Coin Laundry (owned) on site. Roof was tear off 8 years ago, various mechanicals replaced since original renovation. Altruistic long-term owner of 33 years who is every tenant's dream landlord with long and longer term tenants notably under market. Entry level pricing offers numerous investment objective perfect for smaller investor or owner occupant. Pictures include all 4 units. Unit 1S is a duplex with 2 baths.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1898
Parking Total 4
Exterior Building Type Brick
Exterior Property Features Deck, Storms/Screens
Foundation Concrete Perimeter
Parking Features Unassigned, Off Street
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Rehab Year 1997
Roof Type Flat
MRD Virtual Tour None
Virtual Tour Date 10/17/2023 7:51 pm
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Park, Pool, Curbs, Sidewalks, Street Lights, Street Paved, Other
Area Major CHI - West Town
Zoning Type MULTI
Corporate Limits Chicago
Directions Between Grand Ave and Chicago east of Noble, West of Racine
Equipment CO Detectors, Ceiling Fan(s), Sump Pump, Multiple Water Heaters
Elementary School Otis Elementary School
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Wells Community Academy Senior H
High Sch Dist 299
Sewer Other
Water Lake Michigan
Jr High/Middle Dist 299
Township North Chicago
Interior Features
Basement Description Partially Finished
Basement Full
Bedrooms Count 4
Bedrooms Possible 4
Baths Count 5
Full Baths in Building Count 5
Total Rooms 14
Units
unit 1
Beds Total 1
Baths Total 1
Actual Rent 1200
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors
Full Baths Total 1
Lease Expiration Date MO-MO
Rooms Total 4
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 1
Baths Total 2
Actual Rent 1350
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Garage/Space, Walk-In Closet
Full Baths Total 2
Lease Expiration Date 8/24
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 3
Beds Total 1
Baths Total 1
Actual Rent 600
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Garage/Space, Cathedral Ceilings, Hardwood Floors, Skylights/Windows
Full Baths Total 1
Lease Expiration Date MO-MO
Rooms Total 4
Tenant Pays Electric, Gas, Heat
Floor Number 2
unit 4
Beds Total 1
Baths Total 1
Actual Rent 1150
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Cathedral Ceilings, Hardwood Floors
Full Baths Total 1
Lease Expiration Date MO-MO
Rooms Total 4
Tenant Pays Electric, Gas, Heat
Floor Number 2
Property / Lot Details
Deconversion N
Lot Dimensions 24.09 X 124.87
Lot Size Standard Chicago Lot
Ownership Fee Simple
Style of House Brownstone
Type Unit 4 Flat
Number Of Units in Building 4
Property Type Two to Four Units

Financials

ElectricExpense 948
Electric Expense Source Actual
Financing Conventional
Fuel Expense $696
Fuel Expense Source Actual
Gross Rental Income $53,400
Insurance Expense $2,400
Insurance Expense Source Actual
Net Oper Income $35,725
Rental Income 53400
Scavenger Expense $405
Investment Profile Residential Income
Water Expense $405

Tax/Assessments/Liens

PIN 17081190030000
Special Assessments N
Taxes $12,468
Tax Exemptions None
Tax Year 2021
$825,000 Listing Price:
MLS # 11910892
Investment Profile Residential Income
Listing Market Time 79 days
Basement Full
Type Unit 4 Flat
Number of Units in Building 4
Parking Space/s
List Date 10/17/2023
Year Built 1898
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