1507 W Erie Street Chicago, IL ^$ 645,000

1507 W Erie Street

^$ 645,000

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1507 W Erie Street

Chicago, IL, 60642

^$ 645,000

Bedrooms6 Baths4.0

Monthly Estimate*

^$ 4,024

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Multi-Family Home for sale in Chicago, IL

for $645,000 with 6 bedrooms and 4 full baths. This home was built in 1879 on a lot size of 0.07.

Attention: rehabbers, developers, live-in owners - All brick 3 Flat vintage building in sought- after West Town near Noble Square on 25 x 125 lot. Plenty of newer construction properties in the neighborhood. Three units above the grade plus an additional unit in the basement (total 4 units) are all occupied by long term tenants. Each unit has 2 bedrm/ 1 bath, kitchen and formal Living Room. The unit in the basement is 1 Bedroom/ 1 Bath. Each unit has its own furnace and hot water tank. Tenants pay for their own utilities. Situated just a short walk to neighborhood favorites like Jeong, Beatnik, Hoosier Mama, Standing Passege coffee shop, beautiful Eckhart Park, and MORE.

Multi-Family Contingent

Price

^$ 645,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 15,127

Style

Lot Size

0.07

Year Built

1879

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12364442

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Roof Rubber

Zoning MULTI

Garage Spaces 2

Construction Materials Brick

Year Built 1879

Township West Chicago

Tax Year 2023

Ownership Fee Simple

Gross Income 52200

Community Features Sidewalks Street Lights

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Contingency Attorney/Inspection

Total Rooms 15

Status Contingent

Directions Ashland to Erie east to property 1507

City Chicago

High School District 299

MLS Area CHI - West Town

Tax Annual Amount 15127.06

Additional Parcels Y/N N

Standard Status Active Under Contract

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Partially Finished Full

Total Bedrooms 6

Total Baths 4

Bedrooms Possible 6

Full Baths Building 4

Half Baths Building 0

Total Number of Units 3

Exterior

Parking Features Garage Door Opener Yes Garage Owned Detached Garage

Water Source Lake Michigan

Total Parking 2

Lot Dimensions 25 X 125

Lot Size Acres 0.07

Waterfront Y/N N

* Excluded Features

List By

Coldwell Banker Realty

Broker

dolores.raya@cbrealty.com

Affordability Calculator

$5,285

Per Month

Monthly Principal & Interest: $4,024
Monthly Property Taxes: $1,261
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$620,486

Percent of Sale Price 4%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/23/2025	$645,000	-3.01%	Price Down
6/27/2025	$665,000	-4.32%	Price Down
5/17/2025	$695,000		Listed Price

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1507 W Erie Street, Chicago, IL, 60642 is a Multi-Family Home for sale at $645,000 with a lot size of 0.07. 1507 W Erie Street has 6 bedrooms, 4.0 baths, and was built in 1879. The property's zip code is 60642 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/15/2025.

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1507 W Erie Street

Multi-Family Home for sale in Chicago, IL

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