1303 W Ohio ST new

Chicago,IL 60642

$ 1300000

- Bed

0 Bath

4704 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

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 $18,968

Tax Year 2023

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. Investor's 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 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!

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

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