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.
Contingent
$1,499,000
1214 W Ohio St, Chicago, IL 60642
9beds
--sqft
Multi Family
Built in 1993
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Modern architectural layoutExpansive finished basementSun-drenched living spacesCopper plumbingPrivate rear decksHardwood floors
- --
- 32
- views
- 2
- saves
Zillow last checked:
Listing updated:
Listed by:
Satyanarayan Teeparti (312)918-9006,
Keller Williams Infinity
Source: MRED as distributed by MLS GRID,MLS#: 12706870
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Natural Gas, Forced Air
Features
- Basement: Finished,Full,Walk-Out Access
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Off Alley, Yes, Owned
Features
- Patio & porch: Deck
Lot
- Size: 3,096 Square Feet
Details
- Parcel number: 17081200310000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1993
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $1,090,000
- Annual tax amount: $21,965
- Date on market: 7/21/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2024 | Listing removed | $2,650 |
Source: Zillow Rentals Report a problem | ||
| 1/11/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/11/2024 | Price change | $2,650-43% |
Source: Zillow Rentals Report a problem | ||
| 1/10/2024 | Price change | $4,650-9.7% |
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| 1/9/2024 | Price change | $5,150+9.6% |
Source: Zillow Rentals Report a problem | ||
| 1/7/2024 | Price change | $4,700-2.1% |
Source: Zillow Rentals Report a problem | ||
| 1/6/2024 | Price change | $4,800+51.2% |
Source: Zillow Rentals Report a problem | ||
| 1/2/2024 | Price change | $3,175-0.8% |
Source: Zillow Rentals Report a problem | ||
| 1/1/2024 | Price change | $3,200+5.8% |
Source: Zillow Rentals Report a problem | ||
| 12/31/2023 | Price change | $3,025-10.4% |
Source: Zillow Rentals Report a problem | ||
| 12/29/2023 | Price change | $3,375+12.5% |
Source: Zillow Rentals Report a problem | ||
| 12/28/2023 | Price change | $3,000-3.2% |
Source: Zillow Rentals Report a problem | ||
| 12/26/2023 | Price change | $3,100+1.6% |
Source: Zillow Rentals Report a problem | ||
| 12/25/2023 | Price change | $3,050-2.4% |
Source: Zillow Rentals Report a problem | ||
| 12/24/2023 | Price change | $3,125-3.1% |
Source: Zillow Rentals Report a problem | ||
| 12/21/2023 | Price change | $3,225-2.3% |
Source: Zillow Rentals Report a problem | ||
| 12/18/2023 | Price change | $3,300-0.8% |
Source: Zillow Rentals Report a problem | ||
| 12/17/2023 | Price change | $3,325+3.9% |
Source: Zillow Rentals Report a problem | ||
| 12/16/2023 | Price change | $3,200-3.8% |
Source: Zillow Rentals Report a problem | ||
| 12/13/2023 | Price change | $3,325-14.7% |
Source: Zillow Rentals Report a problem | ||
| 12/11/2023 | Listed for rent | $3,900 |
Source: Zillow Rentals Report a problem | ||
| 12/24/2022 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/20/2022 | Listed for rent | $3,900 |
Source: Zillow Rentals Report a problem | ||
| 2/3/2016 | Sold | $850,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $21,964 +12.8% | $109,000 +18.5% |
| 2023 | $19,469 +2.9% | $92,000 |
| 2022 | $18,923 +6.1% | $92,000 |
| 2021 | $17,831 +10.3% | $92,000 +21.6% |
| 2020 | $16,161 -1.6% | $75,650 -11% |
| 2019 | $16,419 -2.2% | $85,000 -3.8% |
| 2018 | $16,783 +45.6% | $88,399 +55.3% |
| 2017 | $11,524 +1.1% | $56,908 |
| 2016 | $11,398 +30.5% | $56,908 |
| 2015 | $8,737 +2.5% | $56,908 +8.8% |
| 2014 | $8,526 -0.4% | $52,303 |
| 2013 | $8,556 -2.9% | $52,303 |
| 2012 | $8,810 -7.7% | $52,303 -17.7% |
| 2011 | $9,547 +20% | $63,518 |
| 2010 | $7,954 -11.4% | $63,518 |
| 2009 | $8,979 -8.3% | $63,518 -15.3% |
| 2008 | $9,790 +4.7% | $74,959 |
| 2007 | $9,348 +5% | $74,959 |
| 2006 | $8,905 +24.8% | $74,959 +63.6% |
| 2005 | $7,134 +1.9% | $45,805 |
| 2004 | $7,001 +4.5% | $45,805 -8.4% |
| 2003 | $6,702 -9.6% | $50,015 +21.2% |
| 2002 | $7,413 +9.1% | $41,260 |
| 2001 | $6,794 +23.9% | $41,260 |
| 2000 | $5,484 -0.4% | $41,260 +35.1% |
| 1999 | $5,509 | $30,549 |
Find assessor info on the county website
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