$1,820,000

2649 W Thomas Avenue, Chicago IL, 60622

Property typeMulti-family

Bought with James Streff with Berkshire Hathaway HomeServices Chicago and Listed by Michael Hagenson with New Era Chicago, LLC 773-772-9800

Overview

Sold

Closed

Listed Nov 13, 2025

Updated May 29

Absolutely perfect opportunity for either an owner-occupant or an investor, this stately, highly attractive 7,600 square foot Ukrainian Village greystone four-flat was previously converted from a jumbo six-unit building and features four oversized duplex apartment units with attractive amenities, three parking spaces in the rear, and outdoor space. Three units are currently rented, with one available for immediate move-in by a new owner or tenant. All units feature updated kitchens, quartz counters, designer finishes, in-unit washer/dryer, individually metered HVAC systems with central air, and much more. Agent-affilated ownership. Potential owner's duplex up Unit 1F is enormous and approximately 2,000 sf, featuring freestanding tub, 2 large bedrooms (one of which could possibly be turned into 2 rooms), an office space, and 2.5 baths. Front duplex down unit is massive as well with 2 large bedrooms, and 3 full baths. TAX NOTE: property taxes have been successfully appealed and are expected to be substantially reduced in 2025 (approximately $13,360.12 based on the most recent tax rate and multiplier applicable to this property)! This property is listed at above a 7.2 cap rate based on the new tax assessment and assuming full occupancy at the projected rent for Unit 1F.

Additional information

MLS^® ID: 12496647

Interior Features

Bedrooms: 8
Bathrooms: 11
Heating: Yes
Basement: Yes

Other Property Details

Taxes: $23,066
Tax Frequency: Annually

Bought with James Streff with Berkshire Hathaway HomeServices Chicago and Listed by Michael Hagenson with New Era Chicago, LLC 773-772-9800

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Based on information submitted to the MLS GRID for MRED 5/29/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Properties displayed may be listed or sold by various participants in the MLS. Properties displayed may be listed or sold by various participants in the MLS.

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