1322 West Ohio Street Chicago, IL 60642

$1,200,000
$1,200,000
Favorite

active
1/32
virtual tour iconVirtual Tour
Street View

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.

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.

  • Neighborhood
  • Type
  • County
    Cook
  • Area
    CHI - West Town
  • Tax Amount
    $220
  • Status
    Active
  • Listing #
    11998042
  • Built
    1898
  • Listed on site
    56 days

Listed by:
North Clybourn Group, Inc.

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of North Clybourn Group, Inc..
Click for Map

Property details

Community Features

  • No HOA

Exterior features

  • No Pool
rating icon
FAIR DEAL
NEW!
Favorite

Tour This Home

Thu
02May
Fri
03May
Sat
04May
Sun
05May
Mon
06May
Tue
07May
Wed
08May
Thu
09May
Fri
10May
Sat
11May
Sun
12May
Mon
13May
Tue
14May
Wed
15May
in Person
via Video Call