2431 Thomas Street, West Town, Chicago, Illinois 60622


$435,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 4
Baths: 0
Year Built: 1882
Property Taxes: $14,546
Days On Market: 131
Lot Size: 0,00
Map
Street View

Description

Prime Land Value Opportunity - RT4 Zoning! Exceptional investment potential on this 24' x 124.29' lot, located outside of the Chicago Historic Preservation Ordinance-offering maximum redevelopment flexibility. Zoned RT4 with the ability to build two new units. Recent area condo sales are exceeding $700K! Currently, the property includes four 1-bedroom units-two in a front brick building and two in a rear frame coach house. Major renovation needed (gut job) for experienced rehabbers only. All units are long-term tenant-occupied on a month-to-month basis and generate $3,500/month in rental income. Additional highlights: Front building has a new roof All units equipped with central heat Sold AS-IS. The seller will not make any repairs or improvements. Located in a vibrant neighborhood with easy access to public transportation and blocks from the trendy shops and restaurants along Division and California.

Property Specifics

Multi-unit
1882
No
Cook
— / —
12406071
16014110120000

Property History

DATE: EVENT: PRICE: SOURCE:
28 Jul, 2025 Sold $435,000 MRED MLS
30 Jun, 2025 Under contract $469,000 MRED MLS
28 Jun, 2025 Listed for sale $469,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

24X124.29
Not in DB

Tax History

Year Property Taxes
2025 $14,546

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Listing Provided By

@properties Christie's International Real Estate