1214 W Ohio Street Chicago, IL $ 1,499,000
1214 W Ohio Street
$ 1,499,000
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Open House 7/25 10am - 12pm
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1214 W Ohio Street

Chicago, IL, 60642
$ 1,499,000
Bedrooms9 Baths7.0 Sq 1,200

Monthly Estimate*

$ 9,465

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Multi-Family Home for sale in Chicago, IL

for $1,499,000 with 9 bedrooms and 7 full baths. This 1,200 square foot home was built in 1993.

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.

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Open House

7/25/2026 10:00 AM - 12:00 PM
1214 W Ohio Street Chicago, IL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 1,499,000

Bedrooms

9

Full Bath

7

Property Type

Multi-Family

Taxes

$ 21,965

Style

Year Built

1993

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12706870

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Asphalt
Zoning MULTI
Construction Materials Brick Block
Year Built 1993
Township West Chicago
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 16
Status New
Directions On Ohio just west of Ogden
City Chicago
High School District 299
MLS Area CHI - West Town
Tax Annual Amount 21965
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full Walk-Out Access
Total Bedrooms 9
Total Baths 7
Bedrooms Possible 9
Full Baths Building 7
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Off Alley Yes Owned
Water Source Public
Total Parking 3
Lot Dimensions 3096SF PER COOK COUNTY ASSESSOR SITE
Waterfront Y/N N
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* Excluded Features
List By
Keller Williams Infinity

Broker

satyateeparti@kw.com;satya@raofam.com

Email

Affordability Calculator

$11,295
Per Month
84%
16%
0%
Monthly Principal & Interest
$9,465
Monthly Property Taxes
$1,830
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/21/2026$1,499,000 Listed Price

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1214 W Ohio Street, Chicago, IL, 60642 is a Multi-Family Home for sale at $1,499,000 with 1,200 sqft. 1214 W Ohio Street has 9 bedrooms, 7.0 baths, and was built in 1993. The property's zip code is 60642 which is in Chicago, IL