2425 Thomas Street, West Town, Chicago, Illinois 60622
$955,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 7 |
| Baths: | 4 |
| Year Built: | 1900 |
| Property Taxes: | $16,977 |
| Days On Market: | 1717 |
| Lot Size: | 0,00 |
Description
$$ Machine In Highly Appreciating Area Of West Town / Ukrainian Village On A Fabulous St! 6.2% Cap Rate With 9.8% Annual Cash Flow Return on 25% Investment With Over 2K of Cash Flow Per Mo After All Expenses! P&L Available Upon Request & In Additional Info. Floor 3 Was De-converted To A 1 bedroom + Dent That Is 20x10. However, It Can Be Easily Restored To A 2 Bed + Den, Where Each BR Is 10 x 10 & Enjoys Electric, HVAC Vents, & Windows. This Would Raise The FLR 3 Rent From $1600 to $2,000 Per Mo. Legal 4 Flat With Front 3 Unit Bldg. & Rear Coach That Was Rehabbed Thoughtfully In 2013. All Units Enjoy Gas Forced Heat & Central AC, In Unit Washer & Dryers, & All Unit Utilities Are Separated & Paid By Tenants. Electrical, Plumbing, HVAC, Flooring, Etc. Updated in 2013 Along With High End Finishes. All Kitchens Have Granite Counter Tops & Stainless Steel Appliances With Glass Tile Back Splashes, & Modern Cabinetry. All The Bathrooms Are Updated & Include Contemporary Stone Tile & Vanities With Storage. The Coach House Is Charming & Has A Fantastic Mudroom Porch, There Is An Opportunity To Expand Into The Attic, & It Has 2 Store Rooms. Gorgeous Newly Stone Paver Courtyard Between The Buildings Includes BBQ's, & Outdoor Furniture Creating Ideal Shared Outdoor Space. Located On A Green Tree Lined Street With Easy Street Parking Near Restaurants & Night Life On Division & Western. Experts In Area Know That This Section Of West Town South Of Division Is Highly Appreciating.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1900 | |
| None | |
| MULTI-UNIT W/COACH HOUSE | |
| No | |
| — |
| Cook | |
| — | |
| — / — | |
| — | |
| Lake Michigan,Public | |
| Public Sewer | |
| 10985582 | |
| 16014110150000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 9 May, 2013 | Sold | $360,000 | MRED MLS |
| 11 Feb, 2013 | Under contract | $415,000 | MRED MLS |
| — | Last price change | $450,000 | MRED MLS |
| 18 Mar, 2012 | Listed for sale | $450,000 | MRED MLS |
| 27 Oct, 2016 | Sold | $845,000 | MRED MLS |
| 17 Sep, 2016 | Under contract | $859,000 | MRED MLS |
| 6 Sep, 2016 | Listed for sale | $859,000 | MRED MLS |
| 20 May, 2021 | Sold | $955,000 | MRED MLS |
| 8 Apr, 2021 | Under contract | $990,000 | MRED MLS |
| 23 Feb, 2021 | Listed for sale | $990,000 | MRED MLS |
Room Specifics
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: Den
Basement Description: None
Other Specifics
| — | |
| Concrete Perimeter,Stone | |
| — | |
| Patio | |
| — | |
| 25 X 125 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| Curbs, Sidewalks, Street Lights, Street Paved | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2013 | $7,507 |
| 2016 | $8,944 |
| 2021 | $16,977 |
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