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Property Description
INVESTOR'S DREAM - TURNKEY, INCOME-PRODUCING CONDO IN THE HEART OF WEST TOWN! An exceptional opportunity to own an established rental property with reliable, long-term tenants in place through May 2027, generating rental income from day one! With low monthly HOA assessments and a rare assigned exterior parking space, this condo offers an attractive combination of investment potential, convenience, and long-term value in one of Chicago's most desirable neighborhoods. Situated on a beautiful tree-lined street, this West Town condo combines modern comfort with an unbeatable urban lifestyle. Inside, natural light fills the living spaces, highlighting beautiful hardwood floors and a thoughtfully designed open-concept layout. The spacious bedrooms offer comfort and functionality, while the kitchen features granite countertops, stainless steel appliances, and a central island with seating for two - perfect for everyday living and entertaining. Additional conveniences include an in-unit washer and dryer, and an assigned exterior parking space - a rare and highly desirable feature in this sought-after location. Just blocks from neighborhood favorites like Beatnik and Forbidden Root, and surrounded by coffee shops, restaurants, shopping, and convenient public transportation, this location continues to attract renters seeking the best of Chicago living. Whether you're expanding your investment portfolio or purchasing your first rental property, this condo offers a turnkey opportunity with an established rental income stream, low carrying costs, and strong long-term potential. TENANT IN PLACE THROUGH MAY 2027. LOW HOA. ASSIGNED PARKING. INCOME FROM DAY ONE. Don't miss your opportunity to own an income-producing property in the heart of West Town!
Full Property Details
Full Property Details for 1535 W Ohio St #2
General
- Price: $429,000
- HOA FEE: $180/month
- Taxes: $6,122 (2025)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12799811
Interior
- Basement: None
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Storage
Parking
- Total Spaces: 1
- Parking Features: Yes
Location
- Area: CHI - West Town
- County: Cook
- Township: West Chicago
- Driving Directions: From Ashland Ave, head west on Ohio St to 1535
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Otis Elementary School
- Middle School: Otis Elementary School
- High School: Wells Community Academy Senior H
- Private School: Wells Community Academy Senior H
Community
- Assoc. Fees Include: Water, Parking, Scavenger
- Pets Allowed: Yes
- Pets: Additional Pet Rent, Cats OK, Dogs OK
- Pet Restrictions: Additional Pet Rent, Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: Self
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas, Forced Air
Utilities
- Sewer: Other
- Water: Lake Michigan
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 2
- Stories/Levels: 4
- Square Feet: 1,100
- Sq. Ft. Source: Estimated
- Year Built: 2002
Unit Information
- Units in Building: 4
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Additional Pet Rent, Cats OK, Dogs OK
Financial Considerations
- Association Fee: $180
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2002
- Tax Amount: $6,122.21
- Tax Year: 2025
- Pays Sewer: Other
Disclosures and Reports
- Ownership: Condo
- Property ID: 17081210381002
Listed by Komar
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Schools
Schools serving 1535 W Ohio St #2
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 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 1535 W Ohio St #2
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,673
—
$29,396
10%
2023
$5,673
3%
$26,808
—
2022
$5,514
2%
$26,808
—
2021
$5,391
18%
$26,808
31%
2020
$4,551
19%
$20,430
-9%
2019
$3,831
2%
$22,499
—
2018
$3,766
-3%
$22,499
5%
2017
$3,901
3%
$21,495
—
2016
$3,805
10%
$21,495
—
2015
$3,458
47%
$21,495
41%
2014
$2,345
2%
$15,207
—
2013
$2,288
-34%
$15,207
-30%
2012
$3,451
—
$21,724
—
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 1535 W Ohio St #2
1535 W Ohio Street #2, Chicago, IL 60642 (MLS# 12799811) is a Condo property with 2 bedrooms and 2 full bathrooms. 1535 W Ohio Street #2 is currently listed for $429,000 and was received on November 03, 2026. Want to learn more about 1535 W Ohio Street #2? Do you have questions about finding other Condo 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.
