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.
Listed By
Agency Name: Peter Drossos Real Estate
Agency Phone: 773-593-5626
Shown By
Agent Name: Chad Pierce
Agent Phone: Cell: (815) 222-8800
Agency Title: Gambino Realtors
Estimated Payment
$ 8,324.26 per month $5,905.01 Principal & Interest $2,040.08 Property Tax $379.17 Homeowner's Insurance
1303 W Ohio Street | MLS# 12448959
This multi-family property located at 1303 W Ohio Street, Chicago, IL 60642 is currently listed for sale with an asking price of $1,300,000. Search Chicago real estate on cpierce.gogambino.com today.