1322 West Ohio Street
1322 West Ohio Street
$1,200,000
7
6
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Description
Unicorn Alert set in The Brooklyn of Fulton Market on the confluence of the West Loop in River West nurtured and cherished by the long-term owner occupants for 40 years. This value-add classic tandem brick legal 6-unit workhorse building could be packaged with an urban garden side lot for collective campus of 47.98' of frontage on a 127.48' deep lot. Hyper-convenient burgeoning with independent and cultural boutiques, restaurants, commerce and connected minutes to multiple gateways of transit set...Unicorn Alert set in The Brooklyn of Fulton Market on the confluence of the West Loop in River West nurtured and cherished by the long-term owner occupants for 40 years. This value-add classic tandem brick legal 6-unit workhorse building could be packaged with an urban garden side lot for collective campus of 47.98' of frontage on a 127.48' deep lot. Hyper-convenient burgeoning with independent and cultural boutiques, restaurants, commerce and connected minutes to multiple gateways of transit set on a whimsical Iconic Chicago Streetscape. The building has been family occupied throughout ownership and is the perfect canvas for your next project, investment, multi-generational play or home offering a significant value-add opportunity. The playbook is open on what you can do here with limitless potential for creative configurations. Interior stairs to the rooftop with absolutely jaw-dropping views of the Loop. Savvy investors can purchase the side lot for enhanced living or develop to maximize their investment and income potential as sellers are willing to consider a zoning contingency. The building features separate utilities and a full basement. 1318 W Ohio Lot (Garden) $550,000. Seller will consider a zoning contingency for redevelopment of the lot having abundant precedence in immediate area. Sold in "As Is , As Seen Condition" . Sellers will require up to 90 days of post-closing possession for 4 units . Balance of units are leased to month-to-month tenants @ 1100 per month. Some exclusions apply. See brokers private remarks. Actual income 24K annual AS IS. No expenses reported. taxes are senior freeze and home stead. Side deck attached the building is not necessary and was added for sellers use related to psuedo combined use of 1S and 1N . Building is 1322 W Ohio and Garden/Lot is 1318 W Ohio. Building Department lists property as 6 dwelling units.
- Listed by Karen Biazar • North Clybourn Group, Inc.
- Listed by Staci Slattery • North Clybourn Group, Inc.
Property Details for 1322 West Ohio Street
Area
CHI - West Town
TownshipWest Chicago
ZoningMULTI
Location
LISTING UPDATED: 04/11/2024 10:39 AM
Property Details for 1322 West Ohio Street
Status | Active |
---|---|
MLS # | 11998042 |
Days on Market | 62 |
Taxes | $220 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Flats |
Year Built | 1898 |
Lot Size | 0.07 AC / 2,932 SF |
County | Cook County |
Location
Building Information for 1322 West Ohio Street
Stories-Residences6Year Built1898Building Size-Lot Size0.07 AC / 2,932 SF
Payment Calculator
$6,567 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1322 West Ohio Street
Property History for 1322 West Ohio Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1322 West Ohio Street
Taxable ValueLand$18,288Additions$72,712Total$91,000
Tax Record2022$220 ($18 / month)
Home Facts
Baths4Total Finished SqFt4,080 SqFtAbove Grade Finished SqFt4,080 SqFtStories3Lot Size3,048 SqFtStyleMulti-Family Res (5+ Units)Year Built1895CountyCOOKAPN17-08-119-014
Schools near 1322 West Ohio Street
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Otis Elementary School PublicPK to 8 | ||
Wells Community Academy High School Public9 to 12 | ||
Ogden Int High School Public9 to 12 | ||
Golder College Prep Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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