1303 West Ohio Street, Chicago, IL, 60642

$1,300,000

0.06

Acres

About 1303 West Ohio Street

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 $2,000 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!

Additional Information: This property is located in the CHI - West Town neighborhood, IL. This 0 bedrooms multi family 5+ property is priced at $1,300,000.

Facts & Features

MLS® # 12448959
Price $1,300,000
Bathrooms 0.00
Taxes $18,968
Acres 0.06
Year Built 1892
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 1303 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, Window Unit(s)
Fireplace No
Has Basement Yes
Basement Unfinished

Exterior

Exterior Brick, Concrete
Roof Reflective Coating, Rubber
Foundation Concrete Perimeter, Stone

Additional Information

Days on Market 55
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $18,968

Listing Details

OfficePeter Drossos Real Estate
Contact Info773-593-5626

Listing Map

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