2723 West Thomas Street

Chicago IL 60622

Multi-Family

Last sold for $755,000

Elizabeth Franken, last sold this property on 20 December 2023 after -2 days on market.

Overview

This classic, handsome three-flat sits proud on a desirable residential block in vibrant East Humboldt Park. The first-floor unit is a duplex-down. Note the spacious eat-in kitchen with tons of storage. This duplex-down unit offers valuable living space for an owner-occupied situation. Alternatively, if you are seeking added revenue, the lower level has its own kitchen & bath, two egresses, and its own entrance, and so can be converted to a fourth leasable unit--a cute studio apartment. All three above-grade units include beautiful, newly refinished maple floors and 9.5-foot ceilings, and are drenched with natural light from the large, newer, tip-in windows. Each unit is equipped with its own HVAC and hot water heater, and tenants are responsible for their own metered gas and electric. The units have roomy enclosed back porches which provide extra lounge space and great storage for each tenant. Note the lovely--and private--back yard. Two car detached garage. Laundry for tenants use in basement. Recent capital improvements include new tear-off roof, tuckpointing, and landscaping. This is a great multi-unit in a fantastic location, well-maintained, immediately rentable, generating revenue now and for years to come, in a vibrant neighborhood humming with entertainment, recreation, and dining. Come see it today.

Features

7 bedrooms

4 bathrooms

2 carspaces

2 garage spaces

Multi-Family

Estimated Value

Based on this property and similar 7 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 2723 West Thomas Street is $1.03m.

Median value

$1.03m

Estimated value range

$619k - $2.8m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2723 West Thomas Street

2023

Sold

$755,000

20 Dec 2023 by Elizabeth Franken, of Berkshire Hathaway HomeServices Chicago

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.