Recently Listed Open House 7/25 10am - 12pm
1214 W Ohio Street
Chicago, IL, 60642 $ 1,499,000
Bedrooms9 Baths7.0 Sq 1,200 Monthly Estimate*
$ 9,465
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.
See more
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
FeaturesGeneralSewer 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
See more
InteriorBasement 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
See more
ExteriorParking Features Off Alley Yes Owned
Water Source Public
Total Parking 3
Lot Dimensions 3096SF PER COOK COUNTY ASSESSOR SITE
Waterfront Y/N N
See more
* Excluded FeaturesList ByKeller Williams InfinityBroker
satyateeparti@kw.com;satya@raofam.comEmail
Affordability Calculator
- 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.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $628,028
Percent of Sale Price 58%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/21/2026 | $1,499,000 | | Listed Price |