$1,660,000
$1,808,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
1309 W Ohio ST Chicago, IL 60642
8,160 SqFt
Key Details
Sold Price $1,660,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 8,160 sqft
Price per Sqft $203
MLS Listing ID 12004544
Sold Date 05/28/24
Maintenance Fees $12,875
Year Built 1891
Annual Tax Amount $14,074
Tax Year 2022
Lot Dimensions 2760
Property Sub-Type Multi Family 5+
Property Description
$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.
Location
State IL
County Cook
Area Chi - West Town
Zoning MULTI
Interior
Cooling Central Air
Fireplace N
Exterior
Utilities Available Water-Municipal
Roof Type Reflective Coating,Rubber,Other
Building
Level or Stories 4
Structure Type Brick,Concrete
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Robert Grilli • Jameson Sotheby's Intl Realty
GET MORE INFORMATION