2723 W Thomas Street
Chicago, IL 60622

Status: Sold
Multi Family
7 beds
0 baths
0 sq.ft
Listing Price: $749,000

About this home

This classic, handsome three-flat sits proud on a desirable residential block in vibrant East Humboldt Park. The first-floor unit is a duplex-down. Note the spacious eat-in kitchen with tons of storage. This duplex-down unit offers valuable living space for an owner-occupied situation. Alternatively, if you are seeking added revenue, the lower level has its own kitchen & bath, two egresses, and its own entrance, and so can be converted to a fourth leasable unit--a cute studio apartment. All three above-grade units include beautiful, newly refinished maple floors and 9.5-foot ceilings, and are drenched with natural light from the large, newer, tip-in windows. Each unit is equipped with its own HVAC and hot water heater, and tenants are responsible for their own metered gas and electric. The units have roomy enclosed back porches which provide extra lounge space and great storage for each tenant. Note the lovely--and private--back yard. Two car detached garage. Laundry for tenants use in basement. Recent capital improvements include new tear-off roof, tuckpointing, and landscaping. This is a great multi-unit in a fantastic location, well-maintained, immediately rentable, generating revenue now and for years to come, in a vibrant neighborhood humming with entertainment, recreation, and dining. Come see it today.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1905
Parking Total 2
Exterior Building Type Brick
Garage Details Garage Door Opener(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - West Town
Corporate Limits Chicago
Directions Three blocks west of Western, two blocks south of Division.
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Partially Finished
Basement Full
Bedrooms Count 7
Bedrooms Possible 7
Baths Count 4
Full Baths in Building Count 4
Total Rooms 13
Units
unit 1
Beds Total 3
Baths Total 2
Appliances And Features Stove, Refrigerator, Dishwasher
Full Baths Total 2
Lease Expiration Date N/A
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 4
Tenant Pays Electric, Gas, Heat
Floor Number 2
unit 3
Beds Total 2
Baths Total 1
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 4
Tenant Pays Electric, Gas, Heat
Floor Number 3
Property / Lot Details
Lot Dimensions 3125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

ElectricExpense 1000
Electric Expense Source Owner Projection
Financing Conventional
Fuel Expense Source Owner Projection
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 16014080200000
Special Assessments N
Taxes $13,694
Tax Exemptions Homeowner
Tax Year 2022
$749,000 Listing Price:
MLS # 11919358
Investment Profile Residential Income
Listing Market Time 51 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Garage
List Date 10/30/2023
Year Built 1905
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