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Contingent
  • $469,000

    2431 W Thomas St, Chicago, IL 60622

    4beds
    --sqft
    : 
    Multi Family
    Built in 1882
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Central heat
    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.
    22 days
    on Zillow
    |
    337
    |
    4
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 01, 2025 at 02:07am

    Listing courtesy of:

    Anna Gutkowska 312-254-0200,

    @properties Christie's International Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12406071MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas, Forced Air
    Features
    • Basement: None

    Property

    Lot
    • Size: 2,982.96 Square Feet
    • Dimensions: 24X124.29
    Details
    • Parcel number: 16014110120000
    • Zoning: MULTI
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding, Brick
    • Roof: Asphalt,Flat
    Condition
    • New construction: No
    • Year built: 1882

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Annual tax amount: $14,545
    • Date on market: 6/28/2025
    • Ownership: Fee Simple
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