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$1,450,000 Just Listed
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Property Description
Don't miss your opportunity to own this classic 6-unit, Chicago walk-up, that has been in the same family since 1966! The 1st floor unit in the front is a duplex down with 2 bedrooms and 2 bathrooms. The other 5-units offer 1 bedroom and 1 bathroom. First floor units have forced air, and second and third floors have electric heat and air. While the front units have more square-footage, all of the rear units offer a semi-private balcony. 2 units will be empty and ready for your new tenants or renovation. The current rents are below market prices. The electrical has been upgraded to 400amps, new roof 2025, all front windows were replaced 2025, two coin-operated W/D in the basement. The garage is insulated and drywalled with heat and A/C, which could bring more income potential! The incredible location is surrounded by some of Chicago's best restaurants and night life! It's also within 1/2 mile of the Green, Blue, and Pink CTA lines plus the Grand Ave bus route.
Full Property Details
Full Property Details for 1409 W Ohio St
General
- Price: $1,450,000
- Taxes: $23,576 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12708406
- Updated: 7/20/2026
- Added to Site: 4 day(s) ago
Interior
- Basement: Partially
Location
- Area: CHI - West Town
- County: Cook
- Township: West Chicago
- Driving Directions: West on Ohio St. to 1409
Heating & Cooling
- Heating Type: Electric, Forced Air
Utilities
- Trash: 3000
Structural Information
- Basement: Yes
- Basement Desc.: Partially Finished
- Stories/Levels: 3
- Year Built: 1879
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 2
Lot Features
- Lot Size (Sq. Ft.): 3,125
- Lot Dimensions: 3125
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $4,000
- Operating Expenses: $10,600
- Assessment Year: 1879
- Tax Amount: $23,576
- Tax Year: 2024
- Pays Electric: 1200
- Pays Trash: 3000
Disclosures and Reports
- Property ID: 17081230160000
Listed by Compass
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Schools
Schools serving 1409 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 | 0.1 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1409 W Ohio St
Date
Details
Price
Change
Source
7/17/2026
Listed
$1,450,000
—
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 1409 W Ohio St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$18,636
—
$117,000
33%
2023
$18,636
3%
$88,060
—
2022
$18,112
2%
$88,060
—
2021
$17,708
9%
$88,060
21%
2020
$16,278
-1%
$73,071
-11%
2019
$16,495
2%
$82,103
—
2018
$16,218
58%
$82,103
72%
2017
$10,250
7%
$47,613
—
2016
$9,536
9%
$47,613
—
2015
$8,725
1%
$47,613
2%
2014
$8,622
2%
$46,472
—
2013
$8,452
1%
$46,472
—
2012
$8,339
—
$46,472
—
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 1409 W Ohio St
1409 W Ohio Street, Chicago, IL 60642 (MLS# 12708406) is a Commercial property. 1409 W Ohio Street is currently listed for $1,450,000 and was received on July 17, 2026. Want to learn more about 1409 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.

