1303 W Ohio St Chicago, IL 60642
West Town NeighborhoodEstimated payment $8,730/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! Please note that this is an as-is, where-is sale.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,481
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
- Unfinished Basement
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
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $18,968 | $121,493 | $21,814 | $99,679 |
| 2024 | $18,968 | $121,493 | $21,814 | $99,679 |
| 2023 | $19,800 | $89,633 | $17,568 | $72,065 |
| 2022 | $19,800 | $96,266 | $17,568 | $78,698 |
| 2021 | $22,120 | $110,000 | $17,568 | $92,432 |
| 2020 | $15,194 | $68,204 | $9,955 | $58,249 |
| 2019 | $15,397 | $76,634 | $9,955 | $66,679 |
| 2018 | $15,138 | $76,634 | $9,955 | $66,679 |
| 2017 | $10,859 | $50,442 | $8,784 | $41,658 |
| 2016 | $10,103 | $50,442 | $8,784 | $41,658 |
| 2015 | $9,243 | $50,442 | $8,784 | $41,658 |
| 2014 | $8,043 | $43,347 | $7,320 | $36,027 |
| 2013 | $7,884 | $43,347 | $7,320 | $36,027 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/26/2026 01/26/26 | Pending | -- | -- | -- |
| 01/13/2026 01/13/26 | For Sale | $1,300,000 | 0.0% | $276 / 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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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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Ask me questions while you tour the home.