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1303 W Ohio Street Chicago, IL 60642

$1,300,000
Contingent / MLS# 12448959 / Multi Unit - Multiple / Chicago
0 Beds
4704 SqFt

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. Investors can easily capture $2,350 per month per unit to $2,500 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 in 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! Please note that this is an as-is, where-is sale.

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Estimated Payment

$ 5,308.14 per month $2,888.89 Principal & Interest $2,040.08 Property Tax $379.17 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Cooling: Central Air, Window Unit(s)
Lot Size: 0.06 Acres
Roof Type: Reflective Coating, Rubber
Stories: 3.0
Taxes: $24,481
Year Built: 1892

Feature Descriptions

Current Use: Multi-Family
Drains: Courtyard, Fire Escape
Electric: Service - 0 to 100 Amps
Exterior: Brick, Concrete
Fire Protection: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Foundation: Concrete Perimeter, Stone
Frontage Type: City Street, Public Road, Alley Access, Gravel
HVAC: Forced Air
Location: Public Transport Avail, In City Limits
Lot Dimensions: 24 x 125
Miscellaneous Outdoor: Courtyard, Fire Escape
Parcel#: 17081250110000
Parking: Parking-Street
Potential Use: Multi-Family
Tenant Pays: Electricity, Heat
Units: 6

Location

See details and scored characteristics about this location.

Listing Office: Peter Drossos Real Estate

Listing Office Phone: 773-593-5626



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