1309 W Ohio Street
Chicago, IL, 60642
$1,808,000
Beds
0 Baths
8,160 SqFt
0 Acres
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$1,808,000
1309 W Ohio Street
Chicago, IL, 60642
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$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.

Property Details

Price:
$1,808,000
MLS #:
MRD12004544
Status:
Pending
Beds:
0
Baths:
0
Address:
1309 W Ohio Street
Type:
Commercial
City:
Chicago
Listed Date:
Mar 14, 2024
State:
IL
Finished Sq Ft:
8,160
ZIP:
60642
Year Built:
1891

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick, Concrete
Roof
Reflective Coating, Rubber, Other

Financial

Buyer Agent Compensation
2.25% – $495.00 OF NET SALES PRICENet Sale Price
Net Operating Income
$124,920
Tax Year
2022
Taxes
$14,074
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Debra Dobbs

Debra Dobbs

Realtor®

Phone 312 307-4909

Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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Courtesy of Fulton Grace Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Chicago, IL. All rights reserved.
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1309 W Ohio Street
Chicago, IL