Chicago, IL 60642,1309 W Ohio ST
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Chicago, IL 60642,1309 W Ohio ST
Chicago, IL 60642,1309 W Ohio ST
Chicago, IL 60642,1309 W Ohio ST
Chicago, IL 60642,1309 W Ohio ST

$1,660,000

Est. payment /mo

$1,808,000

8.2%
Est.Price: ?

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1309 W Ohio ST Chicago, IL 60642

8,160 SqFt

SOLD DATE : 05/28/2024

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

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Midwest Real Estate Data (MRED) IDX
Listed by Arnell Cordero • Fulton Grace Realty
Bought with Robert Grilli • Jameson Sotheby's Intl Realty
agent

Neil Hackler

Real Estate Advisor | License ID: 167138

+1(773) 677-3479

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