Search
Six-Unit Apartment Building
For Sale
Under Contract
$1,450,000

1409 W Ohio Street, Chicago, IL 60642

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.07 Acres
Days on Market113

Property Features for 1409 W Ohio Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 7
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 4, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 6, Bathroom 8, Bathroom 2, Bathroom 5, Bedroom 6, Bathroom 7, Basement, Bathroom 1, Bedroom 3, Bedroom 7, Bathroom 3
Basement Partially Finished
Directions West on Ohio St. to 1409
Subdivision CHI - West Town
Standard status Active Under Contract
APN 17081230160000
Lot size 0.07 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 23576

Amenities

semi-private balcony
coin-operated laundry
garage

Building Details

Year built 1879
Floors in Building 3
Number of units 6
Buildings 1
Listing Agency: Compass
Listed By: Katie Jean Colquhoun
Added: Jul 17 Changed: Oct 28 Last Checked: Nov 6 at 2:06PM
MLS# 12708406

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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.

This six-unit apartment building includes one front duplex-down with two bedrooms and two bathrooms, plus five one-bedroom, one-bathroom apartments. Front units use forced-air systems, while the second- and third-floor apartments have electric heat and air conditioning. Rear apartments include semi-private balconies, and two units are vacant for occupancy or renovation. The basement contains two coin-operated washer and dryer sets.

Property improvements include a 400-amp electrical service, a 2025 roof, and front windows replaced in 2025. The insulated, drywalled garage is heated and air-conditioned. Built in 1879, the property occupies 0.0717 acres and is zoned MULTI. It is within 1/2 mile of the Green, Blue, and Pink CTA lines and the Grand Ave bus route, with restaurants and nightlife nearby.

Key Highlights

  • Six‑unit configuration with one two‑bedroom, two‑bathroom duplex‑down and five one‑bedroom, one‑bathroom apartments
  • Two vacant units available for occupancy or renovation
  • 2025 roof and front windows replaced in 2025

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 - Chicago walk-up with varied layouts, balcony access, basement laundry, and an insulated garage with heating and air conditioning.
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 configuration with one two‑bedroom, two‑bathroom duplex‑down and five one‑bedroom, one‑bathroom apartments; Two vacant units available for occupancy or renovation; 2025 roof and front windows replaced in 2025
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