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Fully Occupied Quadplex with Garage
New
For Sale
$1,150,000

1939 W Thomas Street, Chicago, IL 60622

Fully occupied residential property with varied one- and two-bedroom layouts and garage parking.

Property SizeContact for details
Days on Market5

Property Features for 1939 W Thomas Street

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 2 x 1BR+den/1BA, 2 x 2BR/1BA
Multifamily Units 4

Additional Details

Road Access Yes

Amenities

laundry
Space Heater

Building Details

Buildings 1
Tenancy Multi
Listing Agency: CL3 Property Management
Listed By: Brett Huelat
Source: Kw
Added: Sep 4 Last Checked: Sep 6 at 8:29PM

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

Investment Insights

Based on property information with market context.

This four-unit residential building is fully occupied and includes a mix of front and rear apartments. The front units each feature 1 bed plus den and 1 bath, while the rear units offer 2 bed and 1 bath layouts. Interior features include space heaters, and the basement provides laundry facilities and outside maintenance storage.

The property includes a 2-car garage, with one parking space currently available. It is located at 1939 W Thomas Street in Chicago’s East Village Historical District, near Division St and the restaurants, shops, and nightlife associated with Wicker Park.

Key Highlights

  • Four‑unit quadplex with all units currently occupied
  • Front apartments feature 1 bed plus den and 1 bath
  • Rear apartments offer 2 bed and 1 bath layouts

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Bed & Breakfast Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

5,074
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied residential property with varied one- and two-bedroom layouts and garage parking.
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 $1,150,000.
What are key features of this property?
This property features: Four‑unit quadplex with all units currently occupied; Front apartments feature 1 bed plus den and 1 bath; Rear apartments offer 2 bed and 1 bath layouts
More about this property
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