Closed

$1,499,000

1214 Ohio Street, Chicago, IL 60642
9 Beds7 Baths9 days
1214 Ohio Street·Chicago, IL 60642
9Bedrooms
7Bathrooms
1993Year Built
About This Home

Exceptional, fully leased legal 3-unit brick building in hot West Town near Fulton Market, situated on a peaceful, tree-lined block. Offers over 3,650 sq ft of above-grade living space plus an expansive finished basement. Perfect for turn-key investors or owner-occupants. Unit 1 is a massive 3BR/3BA duplex down. Units 2 & 3 feature identical, spacious 3BR/2BA layouts. All units boast in-unit W/D, sun-drenched living spaces, private rear decks, hardwood floors, updated kitchens/baths, fireplaces, plus recent furnaces, A/C units, and tankless water heaters. Secure perimeter fencing with electronic lock door. Fully leased with a strong day-one cash flow of almost $10k/month and stable leases at below-market rents. Massive upside to transition to market rates in 2027. Built in 1993, it features copper plumbing, high grade electrical systems, panels, and a modern architectural layout. Newer Roof (2022) Ultra-low owner overhead: tenants pay separate utilities via individual gas/electric meters and dedicated HVAC systems. Rear 3-car parking footprint offers prime value-add potential: monetize for monthly revenue with lease renewals, build a private 2-car garage, or construct a coach house/ADU for a lucrative fourth income stream (buyer to verify zoning/ADU compliance with the City). Unmatched location central to major upcoming neighborhood developments: Bally's Casino (0.6mi), Fulton Market Expansion (0.5mi), $7B United Center Expansion (2mi), and Grand/Chicago Ave commercial upgrades (0.3mi). A commuter's dream with effortless access to the city and suburbs: 5-min walk to CTA train, 2-min walk to bus, 0.4 mi to I-90, and 1.2 mi to I-290. Minutes from world-class Michelin-starred dining, trendy cocktail lounges, vibrant nightlife, and premier sports hubs. Walking distance to reputed Noble Charter Golder College Prep school.

MLS# 12706870Listed July 21, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms9
Total Bathrooms7
Total Rooms16

Size & Structure

Year Built1993
Lot Size3096SF PER COOK COUNTY ASSESSOR SITE

Location

CountyCook
TownshipWest Chicago
Zip Code60642

Financial

List Price$1,499,000
Annual Taxes (2024)$21,965
Monthly Tax Est.$1,830
Parcel #17081200310000
Interior Features

Heating

Natural GasForced Air

Basement

FinishedFullWalk-Out Access
Exterior & Lot

Construction

BrickBlock

Roof

Asphalt

Patio & Porch

Deck
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Off AlleyYesOwned
Tax & Financial
Annual Taxes
$21,965
Tax Year 2024
Monthly Tax Est.
$1,830
per month
Property Location

1214 Ohio Street, Chicago, IL 60642 — Cook County

$1,499,000
1214 Ohio Street
9 bd7 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
9 days on market
3096SF PER COOK COUNTY ASSESSOR SITE
$21,965/yr taxes
$9,708
estimated monthly payment
Principal & Interest
$7,878/mo
Property Tax
$1,830/mo
$1,499,000
20% — $299,800
3%50%
6.875%
3%12%
Loan Amount
$1,199,200
Down Payment
$299,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Keller Williams Infinity
Agent: Satyanarayan Teeparti
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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