Properties

Features
: Forced Air , Natural Gas
: Full , Walk-Out Access , Finished
: Deck
: Off Alley , Owned , Yes
: Public Sewer
Address Map
US
IL
Cook
Chicago
60642
Ohio
1214
Street
W88° 20' 30.7''
N41° 53' 34''
On Ohio, just west of Ogden
CHI - West Town
CHI - West Town
W
W
MULTI
Neighborhood
299
299
299
Additional Information
: Brick , Block
3096SF PER COOK COUNTY ASSESSOR SITE
https://ammo-camera-shots.aryeo.com/videos/019f85e1-d6fd-716c-9fbb-a6233a3dbd12
: Public
Keller Williams Infinity
Satyanarayan Teeparti
Financial
21965
Listing Information
272439
24695
MRED
: None
Listing Information
Contingent
2026-07-30T02:14:02Z
2026-07-30T02:13:25Z
Property Description

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.

Residential Income For Sale

1214 W Ohio Street, Chicago, Illinois 60642

  • Bedrooms : 9
  • Bathrooms : 7
$1,499,000
Listing ID#12706870
QR Code
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 12706870
Price : $1,499,000
Bedrooms : 9
Rooms : 16
Bathrooms : 7
Year Built : 1993
Listing Status : Active Under Contract
Roof
Roof : Asphalt
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