1509 W Thomas Street
Chicago, IL, 60642
$1,699,000
Beds
0 Baths
0 SqFt
0 Acres
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$1,699,000
1509 W Thomas Street
Chicago, IL, 60642
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Incredibly Maintained Six Unit, Cash Flowing Property on a fantastic tree-lined street! Fully Rented out with excellent tenants. Classic Brick Building with beautiful architectural details. First and Second floors feature 4 – 1 Bedroom/1 Bath units w/ exposed brick and high ceilings. Kitchens boast ample cabinetry, lots of prep and dining space, and stainless steel appliances. Large Living Rooms, Nice sized Bedrooms and updated Bathrooms. Ceiling fans and climate control. Top Level feat. Two Spacious Duplex ups that play like a home! Main Floor have oversized kitchens, islands, lots of storage space, eat-in area, and large living rooms with tons of natural light. Full Bathrooms. The top floor of duplex feat. bedroom w/ large closets, and flex space ideal for fitness, office and more! Rear units w/ private back decks and stunning courtyard patio in front of building! Coin Operated laundry on 3rd floor dormer. The following updates have been made by the current owners: First floor furnaces (’22), First floor A/C front unit (’22), Second floor front unit furnace (’16), Second floor rear unit A/C (’23), Third floor front unit A/C (’20), All Hot Water Heaters replaced in ’17, Flat Dormer of Roof (’22) and Pitched Roof (’13). All units have kitchen appliances replaced between 2017-2021, and Duplex Ups Dishwashers between 2020-2022. Gut Rehab between 1998-2000 – All new windows, electrical wiring, plumbing, central air. 220 line circuit breakers in each unit. Fantastic location close to Blue Line, Shopping, Restaurants, Parks and so much more. This is a phenomenal opportunity. HOME RUN!

Property Details

Price:
$1,699,000
MLS #:
MRD12341323
Status:
Active
Beds:
0
Baths:
0
Address:
1509 W Thomas Street
Type:
Commercial
Neighborhood:
CHI – West Town
City:
Chicago
Listed Date:
Apr 18, 2025
State:
IL
ZIP:
60642
Year Built:
1891

Schools

Interior

Cooling
Central Air

Exterior

Financial

Net Operating Income
$103,632
Tax Year
2023
Taxes
$25,116
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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1509 W Thomas Street
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