1344 West Ohio Street, Chicago, IL, 60642

$2,100,000

About 1344 West Ohio Street

Everything is NEW on this turnkey 6 unit investment property in West Town / Nobles Square featuring almost $17,000 per month of rental income and an impossible to find 7% Cap Rate on a gut rehabbed building. The subject property underwent complete interior + exterior renovations in 2022-2023, fully leased to high quality tenants, and now positioned for a low maintenance / long term hold. The all brick building is comprised of four (4) two bed / one bath simplexes and two (2) three bed / two bath duplexes. The building features new high end finishes, and modern amenities including central A/C, in unit washer dryer, and a rooftop common deck with city skyline views. The location is ideal for tenants that want easy access to transportation and downtown. Only a 10 minute walk from the heart of white hot West Loop business district.

Additional Information: This property is located in the CHI - West Town neighborhood, IL. This 0 bedrooms multi family 5+ property is priced at $2,100,000.

Facts & Features

MLS® # 12368751
Price $2,100,000
Bathrooms 0.00
Taxes $19,378
Acres 0.00
Year Built 1892
Type Commercial Sale
Sub-Type Multi Family 5+
Status Contingent

Community Information

Address 1344 West Ohio Street
Area CHI - West Town
City Chicago
County Cook
State IL
Zip Code 60642

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 63
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $19,378

Listing Details

OfficeeXp Realty
Contact Info888-574-9405

Listing Map

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