1542 W Thomas St, Chicago, IL 60642, USA (Off Market)

For Sale, USD 1,100,000


1542 W Thomas St, Chicago, IL 60642, USA,

Property Type : Residential Lot

Property Style : N/A

Build Size : N/A

Land Size : N/A

Bedroom : 2

Bathroom : 2

Half Bathroom : 0

MLS#: N/A


Property Description

HOT WEST TOWN Multi-Family five Unit Property- separate front brick facade/frame building featuring two units plus garden unit (Non-conforming garden unit with no representation of legality of garden unit) and a separate rear Frame Coach House offering an additional two units (Non-conforming Coach House with no representation of legality of Coach House) Total five units are designed with one Bedroom and one Bathroom Apartments with Hardwood Floors. Each Apartment has Individual Space Heating Systems, Coin-Operated Common Area Laundry Facility, with tenants paying Gas and Electric. Owner pays for the Garden unit's electric. Additional bedroom and separate water closet in the basement for the owner's personal use only. Nice deck in yard with two rear owner parking spaces. Immediate income increase by renting the two parking spaces. Easy access to public transportation, just steps to the blue line, grocery stores, convenient highway access, popular restaurants, entertainment, and minutes to River West, Fulton Market and downtown. Hold for long term investment, upgrade units to increase value, or 1031 exchange, with R3 zoning. Many possibilities. Property will be SOLD "AS IS". Annual rent income $90,600. Unit one F $1,600 exp 6/30/26, Unit two F $1,550 exp 6/30/26 Garden $1,150 exp 6/30/27 Coach H Unit two $1,600 exp 6/30/27 Coach H Unit one $1,650 exp 6/30/27
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1542 W Thomas St, Chicago, IL 60642, USA, United States,Illinois,Chicago is a Chicago luxury Residential Lot listed for sale USD 1,100,000. This high end Chicago Residential Lot is comprised of 2 bedrooms and 2 baths. Find more luxury properties in Chicago or search for luxury properties for sale in Chicago.