1225 W Erie Street, Chicago, IL 60642

• 7 beds |
• 4 baths

Property Description

Exceptional opportunity to own a fully leased 3-flat ideally positioned at the crossroads of West Town, Noble Square, and River West. This solid income-producing property features a spacious 3-bedroom duplex-down on the first floor and two well-maintained 2-bedroom simplex units on the 2nd and 3rd floors - an ideal unit mix for strong, consistent rental demand. Each residence offers bright living areas and high ceilings. Individual HVAC systems in all 3 units, shared on-site laundry, and exterior parking spaces at the rear of the building. The property has a large backyard area. All leases are secured through Summer 2026, delivering immediate cash flow and built-in stability for the next owner. A truly turnkey asset in one of Chicago's most desirable rental corridors.

Listing Status:

Active

Data Last Updated:

March 4, 2026 at 2:18PM

Listing Office:

Fulton Grace Realty : 312-966-5770

Listing Agent:

Owen Duffy : 312-966-5770

MLS ID:

12576429

Interior

• Rooms: Utility Room-1st Floor
• Basement: Partially FinishedExterior EntryFullWalk-Out Access
• Heating: Natural Gas

Exterior

• Parking: Off AlleyOff StreetYesOwnedParking spaces: 3

Location

• HOA Amenities: CurbsGatedSidewalksStreet LightsStreet Paved
• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: MULTI17081200110000

Utilities

• Water: Lake MichiganPublic
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple