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1225 West Ohio Street

1225 West Ohio Street, Chicago, IL 60642
Condo in West Town
1225 West Ohio Street is a condo located in West Town, Chicago. The building was first built in 1903 and is 121 years old. The lot that the building was built on is 240 feet wide and 1,260 feet long. In total, 1225 West Ohio Street has a total floor area of 2,835 square feet. 1225 West Ohio Street has a total of 3 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 1 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 76 days and tend to sell below the original asking price of $154,900 by 0.90%. Meaning, listings tend to sell at a median of $285 price per square foot. The transaction that took the longest to complete was unit 1, listed on Feb 27, 2021 for $154,900. This particular unit ultimately sold 76 days later for $153,500. The most recent transaction was for unit 1, which was first advertised on Feb 27, 2021, sold for $153,500 on May 14, 2021. Fun fact, the oldest transaction we have on record took place on May 14, 2021. See the full transaction history for 1225 West Ohio Street below.

West Town, where 1225 West Ohio Street is located, has a median asking price of $589,900 for condo buildings. Meanwhile, the building itself has a median asking price of $154,900. For interested buyers, that means the building's median asking price is around 0.74% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210227 Unit 1
02/27/2021
1
1 Bed
1 Bath
544 ft²
$154,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
544 ft²
$153,500 -0.90%
05/14/2021
Matthew Ohlsen

Building Info

Overview

    General

  • Year Built: 1903
  • Effective Year Built: 1903
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 9
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,072
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 240
  • Total Building Area: 2,835
  • Gross Building Area: 2,835
  • Building Area: 2,835
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,835
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION OF BLK2 IN ASSESSORS DIVN
  • Land Acres: 0.071
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (SUBDIVISION) OF BLK2 IN ASSESSORS DIVN OF EH NW SEC 08-39-14

Ownership

  • Current Owner : PANICHI JOHN R
  • Previous Owner : AKBAR IMRAN
  • Owner Before Previous Owner: POCZATEK JEFF J
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 243400

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-08-120-011-0000
  • Block: 2
  • Lot: 88
  • Meridian: SEC 08 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8932
  • Longitude: -87.6585

    Address

  • Full Address: 1225 W Erie St
  • Address - House Number: 1225
  • Street Direction: W
  • Address - Street Name: Erie
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C075
  • 4-Digit Zip Code: 6714
  • Zip Code: 60642

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,838
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 783,429
  • High Value: 901,676
  • Low Value: 665,181

    Market Valuation

  • Market Total Value: $770,000
  • Market Land Value: $184,320
  • Market Improvement Value: $585,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,000
  • Assessed Land Value: $18,432
  • Assessed Improvements Value: $58,568

    Sales

  • Current Sale Contract Date: Dec 04, 2017
  • Current Sale Recording Date: Dec 21, 2017
  • Current Sale Transaction ID: 11340688342
  • Current Sale Price: $869,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1735546180
  • Previous Sale Recording Date: Aug 03, 2006
  • Previous Sale Contract Date: Jul 17, 2006
  • Previous Sale Amount: $660,000
  • Previous Sale Document Type: Joint Tenancy Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Dec 21, 2017
  • First Mortgage Loan Amount: $651,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN MORTGAGE NETWORK INC
  • Previous Mortgage Transaction Date: Aug 03, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $528,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Negative Amortization
  • Previous Mortgage Loan Due Date: Aug 01, 2036

About West Side



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Frequently Asked Questions

What neighborhood is 1225 West Ohio Street located in?
The 1225 West Ohio Street is a condo located in the neighborhood of West Town in West Side, Chicago.
What is the average sales price for listings in 1225 West Ohio Street?
The average sales price for units in 1225 West Ohio Street is $154,900 , or $285/sqft. currently.

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