Four-Unit Residential Building with
For Sale
$1,190,000
Pending
1939 W Thomas Street, Chicago, IL 60622
Fully rented four-flat featuring front one-bedroom-plus-den units, rear two-bedroom units, and a two-car garage.
Property SizeContact for details
Days on Market120
Property Features for 1939 W Thomas Street
General Information
Standard status
Pending
Total Parking Spaces
2
Property subtype
MULTI_FAMILY
Occupancy
100%
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$15,285
Building Details
Tenancy
Multi
Listing Agency:
CL3 Property Management 773-636-4839 Overview Additional information MLS R ID 12647594 Interior features Bedrooms 7 Total Bathrooms 4 Heating Yes Basement Yes Exterior features Other property details Taxes $15,286 Tax Frequency Annually Garage Yes Coldwell Banker Dawn McKenna Group Request a tour Contact agent Request a tour Contact agent Listed by Brett Huelat with CL3 Property Management 773-636-4839
Listed By:
Brett Huelat
Source:
Dawnmckennagroup
Added: May 13
Changed: Sep 8
Last Checked: Aug 28 at 6:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CL3 Property Management 773-636-4839 Overview Additional information MLS R ID 12647594 Interior features Bedrooms 7 Total Bathrooms 4 Heating Yes Basement Yes Exterior features Other property details Taxes $15,286 Tax Frequency Annually Garage Yes Coldwell Banker Dawn McKenna Group Request a tour Contact agent Request a tour Contact agent Listed by Brett Huelat with CL3 Property Management 773-636-4839
Investment Insights
Based on property information with market context.
This fully rented four-unit residential building offers a mix of layouts and income opportunities. The front units each feature 1 bedroom plus a den and 1 bathroom, while the rear units offer 2 bedrooms and 1 bathroom. A two-car garage supports parking needs, with one spot currently available. Additional building income is supported by laundry and outside maintenance storage located in the basement.
The property is located on W Thomas Street in Chicago within the East Village Historical District, with convenient access to Division St and the area’s restaurants, shops, and nightlife.
For buyers seeking a straightforward, income-producing setup, the building is currently maintained in its existing condition with all units occupied.
The property is located on W Thomas Street in Chicago within the East Village Historical District, with convenient access to Division St and the area’s restaurants, shops, and nightlife.
For buyers seeking a straightforward, income-producing setup, the building is currently maintained in its existing condition with all units occupied.
Key Highlights
- Fully rented 4‑flat with 4 total units and 7 bedrooms/4 full baths
- Unit mix: front units are 1 bed + den, 1 bath; rear units are 2 bed, 1 bath
- Lake Michigan water source; unfinished full basement with laundry and outside maintenance storage
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5,074
Businesses Nearby
Explore this area
Business Placement
Demographics for 60622, IL
55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully rented four-flat featuring front one-bedroom-plus-den units, rear two-bedroom units, and a two-car garage.
Where is this quadplex located?
The property is located at 1939 W Thomas Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Fully rented 4‑flat with 4 total units and 7 bedrooms/4 full baths; Unit mix: front units are 1 bed + den, 1 bath; rear units are 2 bed, 1 bath; Lake Michigan water source; unfinished full basement with laundry and outside maintenance storage
