Search
6-Unit Apartment Building
For Sale
$1,450,000

1409 W Ohio Street, Chicago, IL 60642

A heated and air-conditioned garage adds functional space to this multifamily property.

Property SizeContact for details
Days on Market113

Property Features for 1409 W Ohio Street

General Information

Standard status Active
Property subtype Commercial
Zoning MULTI

Site & Location

Neighborhood West Town
Public Transit Yes

Units

Unit Mix 1 x 2BR/2BA, 5 x 1BR/1BA
Multifamily Units 6

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $23,576

Amenities

semi-private balcony
coin-operated laundry

Building Details

Year Built 1879
Buildings 1
Stories 3
Units 6
Listing Agency: Compass
Listed By: Katie Jean Colquhoun
Source: Fishmangroup
Added: Jul 17 Changed: Oct 26 Last Checked: Nov 6 at 3:13AM

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

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 1879, this six-unit Chicago walk-up includes one first-floor duplex with two bedrooms and two bathrooms, plus five one-bedroom, one-bathroom apartments. The front first-floor units have forced-air systems; units on the second and third floors use electric heat and air conditioning. Rear apartments include semi-private balconies. Two units are vacant, and the building also has two coin-operated washer-dryer sets in the basement.

Building updates include a 400-amp electrical service, a roof installed in 2025, and replacement of all front windows in 2025. The insulated, drywalled garage has heat and air conditioning. The property is zoned MULTI and is within one-half mile of the Green, Blue, and Pink CTA lines and the Grand Avenue bus route.

Key Highlights

  • Six apartments: one 2‑bedroom, 2‑bathroom duplex and five 1‑bedroom, 1‑bathroom units
  • Two units are vacant
  • 400‑amp electrical service

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

4,702
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Apartment buildings in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A heated and air-conditioned garage adds functional space to this multifamily property.
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 apartments: one 2‑bedroom, 2‑bathroom duplex and five 1‑bedroom, 1‑bathroom units; Two units are vacant; 400‑amp electrical service
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved