1322 W Ohio St Chicago, IL 60642
West Town Neighborhood
7
Beds
6
Baths
4,080
Sq Ft
1898
Built
About This Home
As of September 2024Unicorn Alert set in The Brooklyn of Fulton Market on the confluence of the West Loop in River West nurtured and cherished by the long-term owner occupants for 40 years. This value-add classic tandem brick legal 6-unit workhorse building could be packaged with an urban garden side lot for collective campus of 47.98' of frontage on a 127.48' deep lot. Hyper-convenient burgeoning with independent and cultural boutiques, restaurants, commerce and connected minutes to multiple gateways of transit set on a whimsical Iconic Chicago Streetscape. The building has been family occupied throughout ownership and is the perfect canvas for your next project, investment, multi-generational play or home offering a significant value-add opportunity. The playbook is open on what you can do here with limitless potential for creative configurations. Interior stairs to the rooftop with absolutely jaw-dropping views of the Loop. Savvy investors can purchase the side lot for enhanced living or develop to maximize their investment and income potential as sellers are willing to consider a zoning contingency. The building features separate utilities and a full basement. 1318 W Ohio Lot (Garden) $550,000. Seller will consider a zoning contingency for redevelopment of the lot having abundant precedence in immediate area. Sold in "As Is , As Seen Condition" . Sellers will require up to 90 days of post-closing possession for 4 units. Some exclusions apply. See brokers private remarks. No expenses reported. Taxes are senior freeze and home stead. Side deck attached the building is not necessary and was added for sellers use related to psuedo combined use of 1S and 1N Building is 1322 W Ohio and Garden/Lot is 1318 W Ohio. Building Department lists property as 6 dwelling units.
Last Agent to Sell the Property
North Clybourn Group, Inc. License #471003309 Listed on: 06/21/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,995
Year Built
- Built in 1898
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Additional Features
- 3-Story Property
- Lot Dimensions are 23 x 127.48
- Heating System Uses Gas
- Unfinished Basement
Community Details
- 6 Units
- Gross Income $1,100
Listing and Financial Details
- Tenant pays for electricity, heat, hot water
Similar Homes in Chicago, IL
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/20/2024 09/20/24 | Sold | $950,000 | -5.0% | $233 / Sq Ft |
| 08/19/2024 08/19/24 | Pending | -- | -- | -- |
| 06/22/2024 06/22/24 | For Sale | $1,000,000 | -- | $245 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2024
Karen Biazar
North Clybourn Group, Inc.
(773) 645-7900
81 in this area
853 Total Sales
-
Seller Co-Listing Agent in 2024
Staci Slattery
North Clybourn Group, Inc.
(773) 645-7907
64 in this area
494 Total Sales
-
Buyer's Agent in 2024
Mitir Patel
Baird & Warner
(773) 209-4785
3 in this area
114 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12089487
APN: 17081190140000
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