1614 W Thome Avenue, Chicago, IL 60660
- Added:
- Apr 22, 2026
- Days on Market:
- 52
- Last Refresh:
- Jun 12 at 6:06 am
Property Features for 1614 W Thome Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MULTI
- Bedrooms
- 9
- Bathrooms
- 5
- Rooms
- Bedroom 2, Bedroom 5, Bathroom 3, Bathroom 5, Bedroom 8, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 4, Bathroom 1, Bedroom 9, Basement, Bedroom 6, Bedroom 1, Bedroom 7
- Parking
- 3
- Parking features
- Garage
- Basement
- Full, Unfinished
- Standard status
- Active Under Contract
- APN
- 14062070150000
- Size
- 3,900 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 9645
Utilities
- Heating system
- Natural Gas
Building Details
- Year built
- 1917
- Building materials
- Brick
Listing agent Mark Keppy (312) 265-8000
Listing office Baird & Warner 4553 N Lincoln Ave, Chicago, IL (773) 326-6500
Listing date Apr 22, 2026
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Spacious 3‑bed, 2‑bath duplex down owner's unit (Unit 1F) with in‑unit laundry and flexible living space including a family room with fireplace and bar.
- Strong income potential from three additional rental units.
- Oversized backyard, a rare amenity for a multi‑unit property, ideal for entertaining.
- Three‑car garage providing parking and potential for additional income.
- Prime location near the lakefront, parks, public transportation, dining, and shopping in Edgewater.
- Substantial building size with approximately 3,900+ sq ft above grade plus a lower level.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $98.3k | $25.20 |
| − Vacancy | −$5.4k | −$1.39 |
| EGI | $92.9k | $23.81 |
| − OpEx | −$27.9k | −$7.14 |
| NOI | $65.0k | $16.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.670849
- Latitude
- 41.995968
