- For Sale $2,100,000
- Property Type Multi-Family
- Property Size 7,383 SF
- Units 6
- Lot Size 0.07 Acre
- Cap Rate % 6.6
- Rental Income / YR $181,380.00
- NOI / YR $140,848.00
- Taxes / YR $18,834.00
- # of Floors 4
- Average Floor Size 2,000 SF
- Parking Spaces Avail. 3
- Parking Ratio 0.41 / 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class A
- Year Built 1920
- Year Renovated 2023
- Date Updated Jan 23, 2025
Description
Everything is NEW on this turnkey 6 unit investment property in West Town / Nobles Square. 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.
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Contacts
Epique Realty CRE
Location
Located at 1344 W Ohio St, Chicago, IL 60642, this property is part of the West Town neighborhood and Chicago market.
Epique Realty CRE
