1342-1344 W Ohio St - Apartments FOR SALE


Chicago, IL 60642- West Town
$2,100,000 USD
630-379-7464
1342-1344 W Ohio St, Chicago, IL for Sale
$2,100,000 USD
Apartments - FOR SALE
1/19
null | 6.85% Cap Rate

1342-1344 W Ohio St
Chicago, IL 60642
West Town


HIGHLIGHTS

  • Rooftop deck
  • Gut rehab
  • Modern Floor Plans
  • Parking on site
  • In unit laundry and central A/C

OVERVIEW

Everything is NEW on this turnkey 6 unit investment property in West Town / Nobles Square. The subject property underwent complete interior + exterior renovations in 2022-2023, fully leased to high quality tenants, and now positioned for a low maintenance / long term hold. The all brick building is comprised of four (4) two bed / one bath simplexes and two (2) three bed / two bath duplexes. The building features new high end finishes, and modern amenities including central A/C, in unit washer dryer, and a rooftop common deck with city skyline views. The location is ideal for tenants that want easy access to transportation and downtown. Only a 10 minute walk from the heart of white hot West Loop business district.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$232 USD /SF

# OF UNITS

6

PRICE/UNIT

$350,000

CAP RATE

6.85%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,255 SF

ZONING

R

APN/PARCEL ID

17-08-118-019-0000,17-08-118-020-0000

ASK ABOUT THIS PROPERTY

Jake FugmaneXp RealtyMore Info
630-379-7464

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Jake FugmaneXp RealtyMore Info
630-379-7464

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