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1309 W Ohio Street Chicago, IL $ 1,808,000
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$ 1,808,000 Get more info
1309 W Ohio Street
$ 1,808,000
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1309 W Ohio Street

Chicago, IL, 60642
$ 1,808,000
Bedrooms1 Baths0.0 Sq 8,160

Monthly Estimate*

$ 12,017

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View a Virtual Tour

Multi-Family Home for sale in Chicago, IL

for $1,808,000 with 1 bedroom. This 8,160 square foot home was built in 1891 on a lot size of 0.063361.

$161,160/year Gross Income | $124,171.00/year Net Income | 6.9% Cap Rate - Impressive for being 1.6 Miles East of Western Ave! | THEE Quintessential Turn Key Investment at 1309 West Ohio Street | Nestled between the Fulton Market District & River West Neighborhoods, this Multi-Family Building in HOT WEST TOWN has 8 Units designed with (8) One Bedroom Apartments | Unique & Money Making Floor Plans | Rear Apartments have their own Decks! | Wood-Planked Sundeck with Spectacular Views of the Downtown Chicago Skyline | Coin-Operated Laundry Facilities | HVAC Systems in all the Apartments | Tenants responsible for Gas (Heat & Cooking) and Electricity - LOW OPERATING EXPENSES | FULLY LEASED/Occupied with Solid Leases | Separate Water Heaters | 3 Leasable Exterior Parking Spaces (1 Tandem & 2 Single) | Well-Maintained & Professional Self-Managed throughout its ownership | View all 41 images (including Floor Plans) | Video tours and OM available upon request.

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Multi-Family Pending

Price

$ 1,808,000

Bedrooms

1

Property Type

Multi-Family

Taxes

$ 14,074

Style

Multi-Family

Lot Size

0.063361

Year Built

1891

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12004544
Features
General
Cooling Central Air
Utilities Water-Municipal
Possession Closing
Roof Reflective Coating Rubber Other
Zoning MULTI
Construction Materials Brick Concrete
Year Built 1891
Electric Separate Meters Service - 0 to 100 Amps
Tenant Pays Air Conditioning Electricity Heat Hot Water
Stories 4
Township West Chicago
Tax Year 2022
Current Use Multi-Family
Gross Income 161160
County Cook
Net Operating Income 124920
Operating Expense 36240
Insurance Expense 4783
Property Type Commercial Sale Multi Family 5+
Possible Use Multi-Family
Status Pending
Directions Ogden Southwest to Ohio West OR Grand to Noble North to Ohio East
City Chicago
Total Units 8
MLS Area CHI - West Town
Lot Size Square Feet 2760
Street Name Ohio
Tax Annual Amount 14074
Electric Expense 622
Fuel Expense 0
Trash Expense 1594
Water Sewer Expense 2292
Additional Parcels Y/N Y
Virtual Tour https://www.youtube.com/playlist?list=PLGscKdEPH4rTCALpYALjwISEUcvl-XBr5
Days on Market 45
Standard Status Pending
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 8160
Lot Dimensions 2760
Frontage Type City Street
Exterior Brick
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Interior
Street Suffix Street
Basement Finished Exterior Access
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* Excluded Features
List By
Fulton Grace Realty

Broker

arnell@fultongrace.com; arnell.cordero@gmail.com

Email

Affordability Calculator

$13,189
Per Month
91%
9%
0%
Monthly Principal & Interest
$12,017
Monthly Property Taxes
$1,173
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/15/2024$1,808,000 Listed Price

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1309 W Ohio Street, Chicago, IL, 60642 is a Multi-Family Home for sale at $1,808,000 with 8,160 sqft and a lot size of 0.063361. 1309 W Ohio Street has 1 bedrooms, 0.0 baths, and was built in 1891. The property's zip code is 60642 which is in Chicago, IL

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