1303 W Ohio Street Chicago, IL $ 1,300,000
1303 W Ohio Street
$ 1,300,000
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1303 W Ohio Street

Chicago, IL, 60642
$ 1,300,000
Bedrooms3 Baths0.0 Sq 4,704

Monthly Estimate*

$ 8,110

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Multi-Family Home for sale in Chicago, IL

for $1,300,000 with 3 bedrooms. This 4,704 square foot home was built in 1892 on a lot size of 0.06.

This all brick, 6-unit building is an excellent West Town location! There are three front facing units and three rear facing units. One of the 6 units consists of a 1-bedroom, 1-bathroom unit. The remaining five units consist of 2-bedroom, 1-bathroom units. All units are on month-to-month leases and at below market rents; there is significant room for rent increases with a touch of cosmetic work. Investors can easily capture $2,000 per month per unit in rental income! Equally important, each unit is quaint and cozy with its open concept floor plan, exposed kitchen, very high ceilings and large windows that welcome natural sunlight in all units. And the area: is just exceptional, which translates into very strong rental demand and, hence, low vacancies. It is minutes to the Kennedy, Ogden International School of Chicago, Fulton Market, restaurants, transportation, parks and so much more! A must see! A 10!

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Multi-Family Contingent

Price

$ 1,300,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 18,968

Style

Multi-Family

Lot Size

0.06

Year Built

1892

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12448959

Features
General
Cooling Central Air Window Unit(s)
Possession Closing Immediate
Roof Reflective Coating Rubber
Zoning MULTI
Association Fee Includes None
Construction Materials Brick Concrete
Year Built 1892
Electric Service - 0 to 100 Amps
Tenant Pays Electricity Heat
Stories Count 3
Township West Chicago
Tax Year 2023
Current Use Multi-Family
Gross Income 81600
County Cook
Net Operating Income 44384
Operating Expense 37216
Insurance Expense 4599
Property Type Commercial Sale Multi Family 5+
Contingency Attorney/Inspection
MaintenanceExpense 700
Possible Use Multi-Family
Status Contingent
Directions Exit Ogden Avenue and then go north (right) on Ohio Street to 1303 West Ohio Street
City Chicago
Number Of Units Total 6
MLS Area CHI - West Town
Lot Size Square Feet 2928
Tax Annual Amount 18968
Electric Expense 1200
Fuel Expense 0
Trash Expense 1349
Water Sewer Expense 2240
Additional Parcels Y/N N
Standard Status Active Under Contract
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Interior
Basement Unfinished
Total Fireplaces 0
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Exterior
Foundation Details Concrete Perimeter Stone
Building Area Total 4704
Lot Dimensions 24 x 125
Lot Size Acres 0.06
Frontage Type City Street Public Road Alley Access Gravel
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* Excluded Features
List By
Peter Drossos Real Estate

Broker

peter.drossos.reo@gmail.com

Email

Affordability Calculator

$9,691
Per Month
84%
16%
0%
Monthly Principal & Interest
$8,110
Monthly Property Taxes
$1,581
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/19/2025$1,300,000 Listed Price

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1303 W Ohio Street, Chicago, IL, 60642 is a Multi-Family Home for sale at $1,300,000 with 4,704 sqft and a lot size of 0.06. 1303 W Ohio Street has 3 bedrooms, 0.0 baths, and was built in 1892. The property's zip code is 60642 which is in Chicago, IL