1227 W Ohio St., Chicago, IL 60642

1227 W Ohio St., Chicago, IL 60642
Photo 1 of 1
$715,000
Sold on 9/23/21
Beds Baths Sq. Ft. Taxes Built
7 0.00 0 $8,555.47
On the market: 30 days
View full details, 15 photos, school info, and price history
Fantastic Investment Property in A+ River West/West Town Location. Full Brick 3 Unit Building with non conforming 4th garden unit. Great potential for increased rents and cash flow. The attractive garden unit is a 1bd/bath with 8.5 ft ceiling height, large rear patio space and gas forced heat. Units 1, 2 and 3 are 4 room 2bd/1bath apartments with eat-in kitchens, 10ft ceiling height, gas forced heat, central air, and 11' x 10' rear decks. All units are separately metered so the tenants pay their own utilities. Large parking slab at rear can accommodate three tandem parking spaces for total of 6 cars. Common laundry in utility room. Rear deck is 4 years old. Roof is 10 years old and in good condition. All tenants on MTM leases except garden unit which expires 3/22. Room to increase rents to market value ($500+/month with rent and parking). Keep as income producing building; live in one unit and start your real estate portfolio; renovate for maximum rental income. Short walk to the Blue Line at Ogden/Chicago and quick jaunt to West Loop/Randolph Row. Vacant unit 3 to be shown on first showings only. Units 1, 2, 3 are virtually identical in layout, size and finish level. Property being sold AS-IS.
Listing courtesy of Karen Biazar, North Clybourn Group, Inc.