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1303 W Ohio St Chicago, IL 60642

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For Sale
$1,300,000

Six units in West Town with significant rental upside potential.

Lot size:
0.06 Acres

Property Features for 1303 W Ohio St

General Information

Standard status
Active
Lot size
0.06 Acres

Building Details

Year built
1892

Source: PETER DROSSOS REAL ESTATE Agent PETER DROSSOS

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

West Town 6-Unit Multifamily Building

This all-brick building in West Town comprises six units. One unit features a 1-bedroom, 1-bathroom layout, while the remaining five units offer 2-bedroom, 1-bathroom configurations. All units are currently under month-to-month leases at below-market rents, presenting an opportunity for rent increases with cosmetic improvements. The units feature an open concept floor plan, exposed kitchen, high ceilings, and large windows providing natural light. The property's location offers proximity to the Kennedy Expressway, Ogden International School of Chicago, Fulton Market, restaurants, transportation options, and parks, contributing to strong rental demand and low vacancy rates. The property is suitable for investors looking to increase rental income.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6597655
Latitude
41.8922511

FAQs

What type of property is this?
Apartment building - Six units in West Town with significant rental upside potential.
Where is this apartment building located?
The property is located at 1303 W Ohio St Chicago, IL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: - Significant potential for increased rental income.; - Prime West Town location with strong rental demand.; - Six-unit building with a mix of one and two-bedroom units.
More about this property
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