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Contingent
  • $1,499,000

    1214 W Ohio St, Chicago, IL 60642

    9beds
    --sqft
    : 
    $10,992/mo
    Get pre-qualified
    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
    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.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Satyanarayan Teeparti (312)918-9006,

    Keller Williams Infinity

    Source: MRED as distributed by MLS GRID,MLS#: 12706870MLS Logo

      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

        DateEventPrice
        9/16/2024Listing removed$2,650
        Source: Zillow Rentals Report a problem
        1/11/2024Listing removed--
        Source: Zillow Rentals Report a problem
        1/11/2024Price change$2,650-43%
        Source: Zillow Rentals Report a problem
        1/10/2024Price change$4,650-9.7%
        Source: Zillow Rentals Report a problem
        1/9/2024Price change$5,150+9.6%
        Source: Zillow Rentals Report a problem
        1/7/2024Price change$4,700-2.1%
        Source: Zillow Rentals Report a problem
        1/6/2024Price change$4,800+51.2%
        Source: Zillow Rentals Report a problem
        1/2/2024Price change$3,175-0.8%
        Source: Zillow Rentals Report a problem
        1/1/2024Price change$3,200+5.8%
        Source: Zillow Rentals Report a problem
        12/31/2023Price change$3,025-10.4%
        Source: Zillow Rentals Report a problem
        12/29/2023Price change$3,375+12.5%
        Source: Zillow Rentals Report a problem
        12/28/2023Price change$3,000-3.2%
        Source: Zillow Rentals Report a problem
        12/26/2023Price change$3,100+1.6%
        Source: Zillow Rentals Report a problem
        12/25/2023Price change$3,050-2.4%
        Source: Zillow Rentals Report a problem
        12/24/2023Price change$3,125-3.1%
        Source: Zillow Rentals Report a problem
        12/21/2023Price change$3,225-2.3%
        Source: Zillow Rentals Report a problem
        12/18/2023Price change$3,300-0.8%
        Source: Zillow Rentals Report a problem
        12/17/2023Price change$3,325+3.9%
        Source: Zillow Rentals Report a problem
        12/16/2023Price change$3,200-3.8%
        Source: Zillow Rentals Report a problem
        12/13/2023Price change$3,325-14.7%
        Source: Zillow Rentals Report a problem
        12/11/2023Listed for rent$3,900
        Source: Zillow Rentals Report a problem
        12/24/2022Listing removed--
        Source: Zillow Rentals Report a problem
        12/20/2022Listed for rent$3,900
        Source: Zillow Rentals Report a problem
        2/3/2016Sold$850,000
        Source: MRED as distributed by MLS GRID #09109194 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: West Town

        Getting around

        94 / 100
        Walker's Paradise
        79 / 100
        Excellent Transit
        97 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: 299

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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