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1344 Ohio Street, Chicago, IL, 60642

  • - Beds
  • - Baths
  • - Sq. Ft.

$2,100,000

Year: 1892

Description

Everything is NEW on this turnkey 6 unit investment property in West Town / Nobles Square featuring almost $17,000 per month of rental income and an impossible to find 7% Cap Rate on a gut rehabbed building. The subject property underwent complete interior + exterior renovations in 2022-2023, fully leased to high quality tenants, and now positioned for a low maintenance / long term hold. The all brick building is comprised of four (4) two bed / one bath simplexes and two (2) three bed / two bath duplexes. The building features new high end finishes, and modern amenities including central A/C, in unit washer dryer, and a rooftop common deck with city skyline views. The location is ideal for tenants that want easy access to transportation and downtown. Only a 10 minute walk from the heart of white hot West Loop business district.

Overview

  • - Beds
  • - Bathrooms
  • 0 Bath (Full)
  • 0 Bath (Half)
  • - Sq. Ft.
  • 0 Rooms

Other Details

  • Property Type: Multi Family 5+
  • Neighborhood: CHI - West Town
  • Year Built: 1892
  • Days On Market: 10


HOA & Taxes

  • HOA Fee: 0.00
  • Tax annual amount: 19378.00
  • Tax year: 2023
  • Exemptions:
  • Association Fee Includes:

Location

Electric Details
  • Circuit Breakers
Heating & Cooling Details
  • Central Air
Exterior Features
  • Lot Size: 25X125
  • Ownership:-
  • Built before: 1892
  • Age: -
  • Exterior: -

Unit Types Details

Unit 1 Details
  • UnitType: Unit 1
  • Total Rooms: 6
  • Total Beds: 3
  • Total Baths: 2
  • Total Full Baths: 2
  • Monthly Income: $3640
  • Monthly Income Max: $3640
Unit 2 Details
  • UnitType: Unit 2
  • Total Rooms: 6
  • Total Beds: 3
  • Total Baths: 2
  • Total Full Baths: 2
  • Monthly Income: $3000
  • Monthly Income Max: $3000
Unit 3 Details
  • UnitType: Unit 3
  • Total Rooms: 4
  • Total Beds: 2
  • Total Baths: 1
  • Total Full Baths: 1
  • Monthly Income: $2275
  • Monthly Income Max: $2275
Unit 4 Details
  • UnitType: Unit 4
  • Total Rooms: 4
  • Total Beds: 2
  • Total Baths: 1
  • Total Full Baths: 1
  • Monthly Income: $2375
  • Monthly Income Max: $2375
Unit 5 Details
  • UnitType: Unit 5
  • Total Rooms: 4
  • Total Beds: 2
  • Total Baths: 1
  • Total Full Baths: 1
  • Monthly Income: $2325
  • Monthly Income Max: $2325
Unit 6 Details
  • UnitType: Unit 6
  • Total Beds: 2
  • Total Baths: 1
  • Total Full Baths: 1
  • Monthly Income: $2370
  • Monthly Income Max: $2370
Unit 7 Details
  • UnitType: Unit 7

Room Details

School Details

Elementary School
  • Name: -
  • District: -
Middle Or Junior School
  • Name: -
  • District: -
High School
  • Name: -
  • District: -

Contact Agent

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The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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