6-Unit Apartment
For Sale
$1,450,000
1409 W Ohio Street, Chicago, IL 60642
Chicago multifamily property with a varied unit mix, updated building systems, and transit access.
Property SizeContact for details
Days on Market25
Property Features for 1409 W Ohio Street
General Information
Standard status
Active
Property subtype
Commercial
Zoning
MULTI
Units
Unit Mix
1 x 2BR/2BA, 5 x 1BR/1BA
Multifamily Units
6
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$23,576
Amenities
semi-private balcony
coin-operated laundry
garage
Building Details
Year Built
1879
Buildings
1
Stories
3
Units
6
Construction
walk-up
Listing Agency:
Compass
(312) 733-7201
Listed By:
Katie Jean Colquhoun
(312) 733-7201
Source:
Midwestrealestate
Added: Jul 17
Changed: Aug 8
Last Checked: Aug 9 at 1:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
Built in 1879, this MULTI-zoned apartment property contains six units in a classic walk-up configuration. The front residence on the first level is a two-bedroom, two-bath duplex-down, while the other five apartments each have one bedroom and one bathroom. First-floor units use forced-air systems; electric heating and air conditioning serve the second- and third-floor apartments. Rear units include semi-private balconies, and two apartments are vacant for immediate occupancy or renovation. Building improvements include a 400-amp electrical service, a new roof installed in 2025, and replacement of all front windows in 2025.
The basement contains two coin-operated washer/dryer sets. The insulated, drywalled garage is heated and air-conditioned. The property is located at 1409 W Ohio Street in Chicago, within 1/2 mile of the Green, Blue, and Pink CTA lines and the Grand Ave bus route. Restaurants and nightlife surround the property.
The basement contains two coin-operated washer/dryer sets. The insulated, drywalled garage is heated and air-conditioned. The property is located at 1409 W Ohio Street in Chicago, within 1/2 mile of the Green, Blue, and Pink CTA lines and the Grand Ave bus route. Restaurants and nightlife surround the property.
Key Highlights
- Six‑unit apartment building with one two‑bedroom, two‑bath duplex‑down and five one‑bedroom, one‑bath units
- Two apartments are vacant and available for occupancy or renovation
- 400‑amp electrical service, new roof in 2025, and all front windows replaced in 2025
Property Analytics
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
4,702
Businesses Nearby
Explore this area
Business Placement
Demographics for 60642, IL
21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Chicago multifamily property with a varied unit mix, updated building systems, and transit access.
Where is this apartment building located?
The property is located at 1409 W Ohio Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Six‑unit apartment building with one two‑bedroom, two‑bath duplex‑down and five one‑bedroom, one‑bath units; Two apartments are vacant and available for occupancy or renovation; 400‑amp electrical service, new roof in 2025, and all front windows replaced in 2025
