Chicago, IL 60642,1344 W Ohio ST
Chicago, IL 60642,1344 W Ohio ST
Chicago, IL 60642,1344 W Ohio ST
36
$1,975,000
$2,100,000
6.0%
Est.Price: ?

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1344 W Ohio ST Chicago, IL 60642

Est. payment /mo
SOLD DATE : 08/11/2025

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Key Details

Sold Price $1,975,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12368751

Maintenance Fees $3,000

Year Built 1892

Annual Tax Amount $19,378

Tax Year 2023

Property Sub-Type Multi Family 5+

Property 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.

Location

State IL

County Cook

Area Chi - West Town

Interior

Cooling Central Air

Building

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Michael Scanlon of  eXp Realty 
Bought with Tan Su of Kale Realty

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Chris Buckely

Chris Buckely

IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311

+1(312) 313-5553

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