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1318 W Ohio Street, Chicago, IL 60642
$550,000
1318 W Ohio Street, Chicago, IL 60642View this property at 1318 W Ohio Street, Chicago, IL 60642
1318 W Ohio StreetChicagoIL60642
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Property Description
Seller will consider offers contingent upon rezoning at Purchaser's sole cost and expense to RT4, RT4.5, RM5, B2-2 or B3-2. There is abundant precedence in immediate area and recent zoning changes on the block within that last 12 months. Records from 1940's indicate a past multi unit building. Adjacent 1322 available for purchase at $1,200,000 (sold separate or as package 2 pins) offers further opportunity to scale existing structure tandem 6 unit in combination with new build. Taxes are senior freeze. Deck structure encroaching onto 1318 lot is not required for 1322 Building as was set up based on sellers pseudo use of combined 1N and 1S units. All pond features, pavers, flower beds, pergola, etc.. would be stripped down and removed in the case of a lot development sale by seller. Currently functions as a peaceful urban oasis on 24' x 127.48' lot zoned RS3 and populated by mature pear and quince trees, koi pond ten-feet in diameter complete with fountain, established ornamental vines, vibrant perennials, fruiting trees, and shrubs, and dedicated raised beds
Full Property Details
Full Property Details for 1318 W Ohio St
General
- Price: $550,000
- Taxes: $3,761 (2022)
- Status: Active
- Type: Lots/Land
- MLS ID: 11998075
- Updated: 3/12/2024
- Added to Site: 54 day(s) ago
Additional Information
- Other Features: Commuter Bus
Location
- Area: CHI - West Town
- County: Cook
- Township: West Chicago
- Driving Directions: Grand Ave to Ada St, North on Ada to Ohio, East on Ohio to Property
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Otis Elementary School
- High School: Wells Community Academy Senior H
- Private School: Wells Community Academy Senior H
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Onsite: Electricity Nearby, Gas Nearby
Structural Information
- Current Bldg. Use: Agricultural
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 24 x 127.58
- Frontage: City Street
- Frontage Feet: 24
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $3,761.54
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 17081190150000
Listed by North Clybourn Group, Inc.
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Schools
Schools serving 1318 W Ohio St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
525 N Armour St, Chicago, IL 60642 | PK-8 | 0.3 mi | |
936 N Ashland Ave, Chicago, IL 60622 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1318 W Ohio St
Date
Details
Price
Change
Source
3/06/2024
Listed
$550,000
—
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 1318 W Ohio St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$3,762
2%
$18,288
—
2021
$3,678
59%
$18,288
76%
2020
$2,309
11%
$10,363
—
2019
$2,082
2%
$10,363
—
2018
$2,047
4%
$10,363
13%
2017
$1,968
7%
$9,144
—
2016
$1,831
9%
$9,144
—
2015
$1,676
16%
$9,144
18%
2014
$1,442
2%
$7,772
—
2013
$1,414
1%
$7,772
—
2012
$1,395
—
$7,772
—
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 1318 W Ohio St
1318 W Ohio Street, Chicago, IL 60642 (MLS# 11998075) is a Lots/Land property with a lot size of acres. 1318 W Ohio Street is currently listed for $550,000 and was received on March 06, 2024. Want to learn more about 1318 W Ohio Street? Do you have questions about finding other Lots/Land 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.