1303 W Ohio ST, Chicago, IL 60642
1303 W Ohio ST, Chicago, IL 60642
1303 W Ohio ST, Chicago, IL 60642
1303 W Ohio ST, Chicago, IL 60642
1303 W Ohio ST, Chicago, IL 60642
1303 W Ohio ST, Chicago, IL 60642
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$ 1,300,000
Est. payment | /mo

4,704 SqFt


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$ 1,300,000
Est. payment | /mo
Save

4,704 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,704 sqft

Price per Sqft $276

MLS Listing ID 12448959

Maintenance Fees $700

Year Built 1892

Annual Tax Amount $24,481

Tax Year 2024

Lot Size 2,613 Sqft

Lot Dimensions 24 x 125

Property Sub-Type Multi Family 5+

Property Description

This all brick, 6-unit building is an excellent West Town location! There are three front facing units and three rear facing units. One of the 6 units consists of a 1-bedroom, 1-bathroom unit. The remaining five units consist of 2-bedroom, 1-bathroom units. All units are on month-to-month leases and at below market rents; there is significant room for rent increases with a touch of cosmetic work. Investors can easily capture $2,350 per month per unit to $2,500 per month per unit in rental income! Equally important, each unit is quaint and cozy with its open concept floor plan, exposed kitchen, very high ceilings and large windows that welcome natural sunlight in all units. And the area: is just exceptional, which translates into very strong rental demand and, hence, low vacancies. It is minutes to the Kennedy, Ogden International School of Chicago, Fulton Market, restaurants, transportation, parks and so much more! A must see! A 10! Please note that this is an as-is, where-is sale.

Location

State IL

County Cook

Area Chi - West Town

Zoning MULTI

Rooms

Basement Unfinished

Interior

Cooling Central Air, Window Unit(s)

Fireplace N

Exterior

Roof Type Reflective Coating,Rubber

Building

Dwelling Type Multi Family 5+

Structure Type Brick,Concrete

Others

HOA Fee Include None

Midwest Real Estate Data (MRED) IDX
Listed by Peter Drossos of  Peter Drossos Real Estate 

Nearby Locations

Kathryn (Kathy) Jensen

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(773) 757-8864

kjensen@chicagorea.com

1941 N Elston Ave, Chicago, IL, 60642, USA

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1303 W Ohio ST