Chicago, IL 60642 1509 W Thomas Street
$1,699,000



70 more







































































Presented By: eXp Realty, LLC
Home Details
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!
Presented By: eXp Realty, LLC
General for 1509 W Thomas Street
Additional Parcels Y/NNo
CityChicago
CoolingCentral Air
CountyCook
DirectionsDivision to Milwaukee Milwaukee to Thomas Street to the Property
Electric Expense720
Fuel Expense1560
Gross Income141300
Insurance Expense4272
MLS AreaCHI - West Town
MaintenanceExpense2880
Net Operating Income103632
Number Of Units Total6
Operating Expense37668
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount25116
Tax Year2023
TownshipWest Chicago
Trash Expense1680
Water Sewer Expense1440
Year Built1891
Exterior for 1509 W Thomas Street
Lot Dimensions125 X 25
Additional Details
Price History

Austin Pearson
Real Estate Broker