Sold
Closed
2347 W Thomas Street
Chicago IL, 60622
$1,625,000
$270.43 per sqft
Sold
Closed
6,009 sqft
Multi-family
Built in 1915
Courtesy of MO2 Brokerage LLC
2347 W. Thomas is a unique six-unit, plus non-conforming garden unit with approval for 2 ADUs, located in Chicago's hot Ukrainian Village Neighborhood. The front 4 units have undergone recent renovations, boasting modern finishes throughout, including updated kitchens, bathrooms, and flooring. Each apartment is equipped with in-unit laundry, individual HVAC units, and separate hot-water heaters. Situated within the sought-after Ukrainian Village Neighborhood, this property offers not only a prime location but also a myriad of benefits. Ukrainian Village has established itself as one of Chicago's most desirable neighborhoods, boasting picturesque tree-lined streets, excellent access to public transportation, thriving retail, and quick access to some of Chicago's best restaurants. This property presents an ideal opportunity for new investors to step in and capitalize on the potential for increased rental income in the recently refurbished units. Moreover, there is significant value-add potential in the three units at the rear of the property. As an added advantage, the city's new ADU program can be leveraged to introduce further value and appeal to the property.
11901349
MLSⓇ ID
October 11, 2023
Listed
November 25, 2024
Updated
Map
2347 W Thomas Street
Chicago IL, 60622
Interior Features
Total Stories
3
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.09 Acres
Other Property Details
Area Name
CHI - West Town
Taxes
$22,223
Tax Frequency
Annually
Days on Market
42
Garage
No
View
No
County
Cook
Pool
No
Listing History
Date | Event | Price |
---|---|---|
1/2/2024 | Price change | $1,600,000 -10% |
1/2/2024 | Sold | $1,625,000 |
Courtesy of MO2 Brokerage LLC, Brandon Carlson,
Listing Contact: 773-661-2772
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Based on information submitted to the MLS GRID for MRED 11/25/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
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Data last updated 4:37 PM UTC, 11/25/2024