Pending
1309 W Ohio Street
Chicago IL, 60642
$1,808,000
$221.57 per sqft
Pending
8,160 sqft
Commercial
Built in 1891
Courtesy of Fulton Grace Realty
$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.
12004544
MLSⓇ ID
March 14, 2024
Listed
April 29, 2024
Updated
Map
1309 W Ohio Street
Chicago IL, 60642
Interior Features
Total Stories
4
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.06 Acres
Roof
Reflective Coating, Rubber, Other
Other Property Details
Area Name
CHI - West Town
Taxes
$14,074
Tax Frequency
Annually
Days on Market
45
Garage
No
View
No
County
Cook
Municipality
West Chicago
Pool
No
Zoning
MULTI
Buyer Agency Compensation
2.25% - $495.00 OF NET SALES PRICE
Listing History
Date | Event | Price |
|---|---|---|
4/29/2024 | Pending | — |
Courtesy of Fulton Grace Realty, Arnell Cordero,
Listing Contact: 773-698-6648
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Based on information submitted to the MLS GRID for MRED 4/29/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
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Data last updated 5:11 PM UTC, 4/29/2024
