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1344 W Ohio Street

Chicago, IL 60642

  • 1892 Year Built
Everything is NEW on this turnkey 6 unit investment property in West Town / Nobles Square featuring almost $17,000 per month of rental income and an impossible to find 7% Cap Rate on a gut rehabbed building. The subject property underwent complete interior + exterior renovations in 2022-2023, fully leased to high quality tenants, and now positioned for a low maintenance / long term hold. The all brick building is comprised of four (4) two bed / one bath simplexes and two (2) three bed / two bath duplexes. The building features new high end finishes, and modern amenities including central A/C, in unit washer dryer, and a rooftop common deck with city skyline views. The location is ideal for tenants that want easy access to transportation and downtown. Only a 10 minute walk from the heart of white hot West Loop business district.
Listed by Michael Scanlon of eXp Realty , Sold By Tan Su of Kale Realty

PROPERTY DETAIL

  • Key Details

    Sold Price $1,975,0006.0%

    Property Type Commercial

    Sub Type Multi Family 5+

    Listing Status Sold

    Purchase Type For Sale

    MLS Listing ID 12368751

    Sold Date 08/11/25

    Year Built 1892

    Annual Tax Amount $19,378

    Tax Year 2023

    Lot Dimensions 25X125

    Property Sub-Type Multi Family 5+

  • Location

    State IL

    County Cook

  • Building

    Structure Type Brick

  • Interior

    Cooling Central Air

    Fireplace N

  • Exterior

    View Y/N true

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CONTACT

Michael Scanlon
Michael Scanlon

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