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  • $1,250,000

    1227 W Ohio St, Chicago, IL 60642

    7beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $1,264,600 Zestimate®
    $--/sqft
    $3,052 Estimated rent

    Home value

    $1,264,600

    $1.15M - $1.39M

    $3,052/mo

    Zestimate® history
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    $7,357/mo

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    What's special

    Presenting a rare investment opportunity: a solid all-brick three-flat with an additional non-conforming garden apartment situated in the vibrant core of West Town. The property underwent a remodel in 2022, delivering strong rental performance with updated kitchens, stylish bathrooms, new flooring, mechanical systems, and HVAC throughout, along with shared laundry facilities in the lower level. The building is fully leased to stable tenants, generating $9,083 in monthly revenue ($108,996 annually). Outdoor spaces are a standout feature-each residence enjoys an expansive private deck, while the garden apartment opens to a generous partially covered patio, creating excellent outdoor living options. The garden apartment also features 8.5 ft ceilings! The rear parking area accommodates up to four vehicles, though three spaces are currently leased. Located just off Ogden Avenue, the property sits minutes from the award winning restaurants and nightlife of Chicago's West Loop, while also offering easy access to public transit, the Kennedy Expressway parks and other neighborhood amenities. Utilities are individually metered, with tenants paying their own gas and electric, and every unit includes central heating and air conditioning. With modern improvements, strong cash flow, and a prime location near one of Chicago's fastest-growing neighborhoods, this asset is an outstanding choice for investors seeking stability and long-term appreciation.

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Michael Samm 312-767-7504,

    Keller Williams ONEChicago

    Bought with:

    Nikit Tailor

    Compass

    Source: MRED as distributed by MLS GRID,MLS#: 12585675MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas, Forced Air
    Appliances
    • Included: Multiple Water Heaters
    Features
    • Basement: Finished,Full,Daylight

    Property

    Parking
    • Total spaces: 3
    • Parking features: Off Alley, Yes, Owned
    Features
    • Patio & porch: Deck, Patio
    • Exterior features: Balcony
    Lot
    • Size: 2,400 sqft
    • Dimensions: 24 X 100
    • Features: Common Grounds
    Details
    • Parcel number: 17081260100000
    • Zoning: MULTI
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Brownstone
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Rubber
    Condition
    • New construction: No
    • Major remodel year: 2022

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan, Public

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Closed Circuit Camera(s)
    Community
    • Community features: Curbs, Gated, Sidewalks, Street Lights, Street Paved
    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Other
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    4/17/2026Sold$1,250,000+74.8%
    Source: MRED as distributed by MLS GRID #12585675 Report a problem
    9/23/2021Sold$715,000
    Source: MRED as distributed by MLS GRID #11199164 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $71,000 +9.2%
    2023$13,756 +2.9%$65,000
    2022$13,369 +2.3%$65,000
    2021$13,071 +52.8%$65,000 +69.2%
    2020$8,555 -1.3%$38,405 -11%
    2019$8,670 -23.4%$43,152 -24.7%
    2018$11,323 +19.6%$57,320 +30.3%
    2017$9,471 +7.5%$43,995
    2016$8,812 +9.3%$43,995
    2015$8,062 +9.5%$43,995 +10.9%
    2014$7,360 +2%$39,666
    2013$7,214 +1.4%$39,666
    2012$7,118 -1.3%$39,666 -10.9%
    2011$7,213 -0.4%$44,512
    2010$7,243 +4.4%$44,512
    2009$6,941 +4.9%$44,512 -3.5%
    2008$6,616 +1%$46,121
    2007$6,550 -1.1%$46,121
    2006$6,621 +11.8%$46,121 +27.2%
    2005$5,924 +1%$36,255
    2004$5,864 +2.2%$36,255
    2003$5,737 +29.2%$36,255 +46.7%
    2002$4,441 +3.8%$24,721
    2001$4,281 +62.3%$24,721
    2000$2,638 -0.7%$24,721 +80%
    1999$2,656 $13,731

    Find assessor info on the county website

    Neighborhood: West Town

    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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    Estimated market value
    $1,264,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,264,600