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$1,300,000
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Property Description
This all brick, 6-unit building is an excellent West Town location! There are three front facing units and three rear facing units. One of the 6 units consists of a 1-bedroom, 1-bathroom unit. The remaining five units consist of 2-bedroom, 1-bathroom units. All units are on month-to-month leases and at below market rents; there is significant room for rent increases with a touch of cosmetic work. Investors can easily capture $2,000 per month per unit in rental income! Equally important, each unit is quaint and cozy with its open concept floor plan, exposed kitchen, very high ceilings and large windows that welcome natural sunlight in all units. And the area: is just exceptional, which translates into very strong rental demand and, hence, low vacancies. It is minutes to the Kennedy, Ogden International School of Chicago, Fulton Market, restaurants, transportation, parks and so much more! A must see! A 10! Please note that this is an as-is, where-is sale.
Full Property Details
Full Property Details for 1303 W Ohio St
General
- Price: $1,300,000
- HOA FEE: $700
- Taxes: $18,968 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12448959
- Updated: 1/15/2026
- Added to Site: 151 day(s) ago
Interior
- Basement: Unfinished
Additional Information
- Security/Safety: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Location
- Area: CHI - West Town
- County: Cook
- Township: West Chicago
- Driving Directions: Exit Ogden Avenue and then go north (right) on Ohio Street to 1303 West Ohio Street
- Location Details: Public Transport Avail, In City Limits
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Forced Air
Utilities
- Trash: 1349
Structural Information
- Construction: Brick, Concrete
- Exterior Const.: Brick, Concrete
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Concrete Perimeter, Stone
- Roof: Reflective Coating, Rubber
- Stories/Levels: 3
- Square Feet: 4,704
- Current Bldg. Use: Multi-Family
- Year Built: 1892
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 6
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,928
- Lot Dimensions: 24 x 125
- Frontage: City Street, Public Road, Alley Access, Gravel
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $700
- Insurance Fee: $4,599
- Operating Expenses: $37,216
- Security Deposit: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
- Assessment Year: 1892
- Tax Amount: $18,968
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
- Pays Electric: 1200
- Pays Trash: 1349
Disclosures and Reports
- Property ID: 17081250110000
Listed by Peter Drossos Real Estate
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Schools
Schools serving 1303 W Ohio St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Otis Elementary School 525 North Armour Street, Chicago, IL 60642 | K-8 | 0.3 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1303 W Ohio St
Date
Details
Price
Change
Source
8/19/2025
Listed
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1303 W Ohio St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$18,968
-4%
$89,633
-7%
2022
$19,800
-10%
$96,266
-12%
2021
$22,120
46%
$110,000
61%
2020
$15,194
-1%
$68,204
-11%
2019
$15,397
2%
$76,634
—
2018
$15,138
39%
$76,634
52%
2017
$10,859
7%
$50,442
—
2016
$10,103
9%
$50,442
—
2015
$9,243
15%
$50,442
16%
2014
$8,043
2%
$43,347
—
2013
$7,884
1%
$43,347
—
2012
$7,778
—
$43,347
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1303 W Ohio St
1303 W Ohio Street, Chicago, IL 60642 (MLS# 12448959) is a Commercial property. 1303 W Ohio Street is currently listed for $1,300,000 and was received on August 19, 2025. Want to learn more about 1303 W Ohio Street? Do you have questions about finding other Commercial real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.

