Home Details for 1227 W Ohio Street

Presenting a rare investment opportunity: a solid all-brick three-flat with an additional non-conforming garden apartment situated in the vibrant core of West Town. The property underwent a complete rehab in 2022, delivering strong rental performance with updated kitchens, stylish bathrooms, new flooring, mechanical systems, and HVAC throughout, along with shared laundry facilities in the lower level. The building is fully leased to stable tenants, generating $9,183 in monthly revenue ($110,196 annually). Outdoor spaces are a standout feature-each residence enjoys an expansive private deck, while the garden apartment opens to a generous partially covered patio, creating excellent outdoor living options. The garden apartment also features 8.5 ft ceilings! The rear parking area accommodates up to six vehicles, though three spaces are currently leased. Located just off Ogden Avenue, the property sits minutes from the award winning restaurants and nightlife of Chicago's West Loop, while also offering easy access to public transit, the Kennedy Expressway parks and other neighborhood amenities. Utilities are individually metered, with tenants paying their own gas and electric, and every unit includes central heating and air conditioning. With modern improvements, strong cash flow, and a prime location near one of Chicago's fastest-growing neighborhoods, this asset is an outstanding choice for investors seeking stability and long-term appreciation.

• Basement

  • Finished
  • Full
  • Daylight

• Heating Information

  • Natural Gas
  • Forced Air

• Water Features

  • Public