1303 W Ohio St Chicago, IL 60642
West Town NeighborhoodEstimated payment $8,419/month
Highlights
- Property is near public transit
- Forced Air Heating and Cooling System
- 4-minute walk to Mineral Wells City Park
About This Home
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. Investors 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 in 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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,968
Year Built
- Built in 1892
Lot Details
- 2,928 Sq Ft Lot
- Lot Dimensions are 24 x 125
- Property fronts an alley
Parking
- On-Street Parking
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Stone Foundation
- Reflective Roof
- Rubber Roof
- Concrete Block And Stucco Construction
- Concrete Perimeter Foundation
Interior Spaces
- 4,704 Sq Ft Home
- 3-Story Property
Location
- Property is near public transit
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- 100 Amp Service
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $1,200
- Insurance Expense $4,599
- Maintenance Expense $700
- Trash Expense $1,349
- Water Sewer Expense $2,240
- Operating Expense $37,216
- Gross Income $81,600
- Net Operating Income $44,384
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/20/2025 10/20/25 | Pending | -- | -- | -- |
| 08/19/2025 08/19/25 | For Sale | $1,300,000 | -- | $276 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12448959
APN: 17081250110000
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