1326 W Ohio St - Apartments FOR SALE


Chicago, IL 60642- West Town
$1,250,000 USD
773-293-5090
1326 W Ohio St, Chicago, IL for Sale
$1,250,000 USD
Apartments - FOR SALE
1/5
null | 7.24% Cap Rate

1326 W Ohio St
Chicago, IL 60642
West Town


HIGHLIGHTS

  • One (1) 4Bd/2.5Ba, One (1) 2Bd/1.5Ba, & One (1) 2Bd/1Ba Units
  • 4Bd/2.5Ba Duplex Up Unit is Currently Being Held for an Owner Occupant/Short Term Rental
  • Gross Income of $90,549
  • Prime West Town Location

OVERVIEW

Kiser Group is pleased to exclusively offer for purchase the sale of 1326 W. Ohio St, a three (3) unit walkup building located in Chicago’s highly desirable West Town neighborhood. The subject property is ideally positioned in close proximity to the vibrant dining, retail, and nightlife corridors along Chicago Avenue and Grand Avenue, providing tenants with exceptional walkable amenities. Additionally, the property offers convenient access to public transportation allowing for quick and efficient travel to downtown Chicago and surrounding neighborhoods. 1326 W. Ohio St has a unit mix consisting of one (1) 4Bd/2.5Ba, one (1) 2Bd/1.5Ba, and one (1) 2Bd/1Ba units. The interior units are incredibly spacious, and each has been updated to meet modern renter expectations. Each unit features updated kitchens and baths along with modern appliances. Additional improvements include updated mechanicals, in-unit laundry, and individual furnaces. 1326 W. Ohio St presents investors with the opportunity to acquire a well-located asset in one of Chicago’s most sought-after rental markets. With strong in-place fundamentals and continued neighborhood growth, a buyer is well-positioned to benefit from both stable cash flow and long-term appreciation potential.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$463 USD /SF

# OF UNITS

3

PRICE/UNIT

$416,667

CAP RATE

7.24%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1891

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,128 SF

ZONING

RS-3

APN/PARCEL ID

17-08-119-012-0000

ASK ABOUT THIS PROPERTY

Noah BirkKiser GroupMore Info
773-293-5090

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Noah BirkKiser GroupMore Info
773-293-5090

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.