Chicago, IL 60642 1303 W Ohio Street

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Presented By: Peter Drossos Real Estate
  • MLS# 12448959
  • 08/19/2025
  • Request Tour
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  • Beds • 3
  • SQFT • 4,704

Home Details

This all brick, 6-unit building is an excellent West Town location! There are three front facing units and three rear facing units. One of the 6 units consists of a 1-bedroom, 1-bathroom unit. The remaining five units consist of 2-bedroom, 1-bathroom units. All units are on month-to-month leases and at below market rents; there is significant room for rent increases with a touch of cosmetic work. Investor's can easily capture $2,000 per month per unit in rental income! Equally important, each unit is quaint and cozy with its open concept floor plan, exposed kitchen, very high ceilings and large windows that welcome natural sunlight all units. And the area: is just exceptional, which translates into very strong rental demand and, hence, low vacancies. It is minutes to the Kennedy, Ogden International School of Chicago, Fulton Market, restaurants, transportation, parks and so much more! A must see! A 10!
Presented By: Peter Drossos Real Estate

Interior Features for 1303 W Ohio Street

Other Interior Features

BasementUnfinished
Total Fireplaces

General for 1303 W Ohio Street

Additional Parcels Y/NNo
Association Fee IncludesNone
CityChicago
Construction MaterialsBrick, Concrete
CoolingCentral Air, Window Unit(s)
CountyCook
Current UseMulti-Family
DirectionsExit Ogden Avenue and then go north (right) on Ohio Street to 1303 West Ohio Street
ElectricService - 0 to 100 Amps
Electric Expense1200
Fuel Expense
Gross Income81600
Insurance Expense4599
Lot Size Square Feet2928
MLS AreaCHI - West Town
MaintenanceExpense700
ModificationTimestamp2025-08-25T05:06:03.304Z
Net Operating Income44384
Number Of Units Total6
Operating Expense37216
PossessionClosing, Immediate
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofReflective Coating, Rubber
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount18968
Tax Year2023
Tenant PaysElectricity, Heat
TownshipWest Chicago
Trash Expense1349
Water Sewer Expense2240
Year Built1892
ZoningMULTI

Exterior for 1303 W Ohio Street

Building Area Total4704
Foundation DetailsConcrete Perimeter, Stone
Frontage TypeCity Street, Public Road, Alley Access, Gravel
Lot Dimensions24 x 125
Lot Size Acres0.06

Additional Details

Price History

Client Care

Price $1,300,000
MLS#12448959
List Date 08/19/2025
Property Type Multi-Family
Phone 847.485.2500
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