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$ 1,499,000
$ 1,499,000
Est. payment /mo
Sold on 09/18/2026
1214 W Ohio ST Chicago, IL 60642
9 Beds
7 Baths
UPDATED:
Key Details
Sold Price $1,499,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12706870
Sold Date 09/18/26
Bedrooms 9
Year Built 1993
Annual Tax Amount $21,965
Tax Year 2024
Lot Dimensions 3096SF PER COOK COUNTY ASSESSOR SITE
Property Sub-Type Two to Four Units
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.
Location
State IL
County Cook
Area Chi - West Town
Zoning MULTI
Rooms
Basement Finished, Full, Walk-Out Access
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Roof Type Asphalt
Building
Building Description Brick,Block, No
Sewer Public Sewer
Water Public
Structure Type Brick,Block
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Satyanarayan Teeparti of Keller Williams Infinity
Bought with Sang Han of Platinum Partners Realtors
Bought with Sang Han of Platinum Partners Realtors
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