2649 W Thomas Avenue
Chicago, IL, 60622
$1,820,000
8 Beds
11 Baths
0 SqFt
0 Acres
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$1,820,000
2649 W Thomas Avenue
Chicago, IL, 60622
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Absolutely perfect opportunity for either an owner-occupant or an investor, this stately, highly attractive 7,600 square foot Ukrainian Village greystone four-flat was previously converted from a jumbo six-unit building and features four oversized duplex apartment units with attractive amenities, three parking spaces in the rear, and outdoor space. Three units are currently rented, with one available for immediate move-in by a new owner or tenant. All units feature updated kitchens, quartz counters, designer finishes, in-unit washer/dryer, individually metered HVAC systems with central air, and much more. Agent-affilated ownership. Potential owner’s duplex up Unit 1F is enormous and approximately 2,000 sf, featuring freestanding tub, 2 large bedrooms (one of which could possibly be turned into 2 rooms), an office space, and 2.5 baths. Front duplex down unit is massive as well with 2 large bedrooms, and 3 full baths. TAX NOTE: property taxes have been successfully appealed and are expected to be substantially reduced in 2025 (approximately $13,360.12 based on the most recent tax rate and multiplier applicable to this property)! This property is listed at above a 7.2 cap rate based on the new tax assessment and assuming full occupancy at the projected rent for Unit 1F.

Property Details

Price:
$1,820,000
MLS #:
MRD12496647
Status:
Active
Beds:
8
Baths:
11
Type:
Multi Family
Neighborhood:
chiwesttown
Listed Date:
Nov 13, 2025
Chi – West TownChiwesttown

Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air

Exterior

Construction Materials
Brick, Limestone
Parking Features
Yes
Parking Spots
3

Financial

Tax Year
2023
Taxes
$23,066
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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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Current real estate data for Multi Family in Chicago as of Nov 15, 2025
1,501
Multi Family Listed
83
Avg DOM
$497,605
Avg List Price

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Property Summary

    2649 W Thomas Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60622. It is listed for $1,820,000 To schedule a showing of MLS#mrd12496647 at 2649 W Thomas Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
2649 W Thomas Avenue
Chicago, IL