1408 Ohio Street, West Town, Chicago, Illinois 60642
$619,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 6 |
| Baths: | 0 |
| Year Built: | — |
| Property Taxes: | $10,493 |
| Days On Market: | 1711 |
| Lot Size: | 0,00 |
Description
BRICK LEGAL 3 UNIT building located between Noble Square & River West neighborhood. This investment is all about location, location! Great city views and just steps from Fulton Market, Fulton River District, West Loop & Downtown & the Kennedy/I90 expressway! Redevelopment opportunity on a full size 25 x 125 lot. Recent development on the same block. Property is currently vacant that will provide immediate cash flow once rented. Current owner never went more than 3 weeks without being able to fill units. High demand neighborhood. 2Bed/1Bath in every unit, all units with separate utilities and with in unit washer dryer in each of the 3 units. Potentials for rent - top flr: $1,750, middle unit: $1,600, garden unit: $1,500, parking spots at $100 each. Potential for the next owner: owner occupancy, investor fix & flip/keep or a single family home conversion (multi-million dollar SFH all around). On a nice wide street with NO PERMIT PARKING. This is a perfect project to get an immediate return on your investment - PRICED TO SELL! SOLD AS- IS. This is perfect project for a flipper w/experience, contractor, builder or developer. Conventional loans or cash. Please note: needs work! Priced to reflect this.
Property Specifics
| Multi-unit | |
| — | |
| Colonial | |
| — | |
| Full | |
| — | |
| No | |
| — |
| Cook | |
| — | |
| — / — | |
| — | |
| Lake Michigan | |
| Public Sewer | |
| 11197787 | |
| 17081170230000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Otis Elementary School |
299 | — | |
|
High School
Wells Community Academy Senior H |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 17 Nov, 2010 | Sold | $376,000 | MRED MLS |
| 4 Oct, 2010 | Under contract | $399,000 | MRED MLS |
| 22 Sep, 2010 | Listed for sale | $399,000 | MRED MLS |
| 4 Oct, 2021 | Sold | $619,000 | MRED MLS |
| 24 Aug, 2021 | Under contract | $619,000 | MRED MLS |
| 23 Aug, 2021 | Listed for sale | $619,000 | MRED MLS |
| 16 Feb, 2024 | Sold | $921,000 | MRED MLS |
| 24 Jan, 2024 | Under contract | $880,000 | MRED MLS |
| 15 Jan, 2024 | Listed for sale | $880,000 | MRED MLS |
Room Specifics
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: Den,Enclosed Porch
Basement Description: Finished
Other Specifics
| 2 | |
| Concrete Perimeter | |
| — | |
| — | |
| Fenced Yard | |
| 25X125 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2010 | $5,935 |
| 2021 | $10,493 |
| 2024 | $13,875 |
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Listing Provided By
Berkshire Hathaway HomeServices Chicago
