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$435,000
4
beds
4
baths

2431 W Thomas Street
Chicago, Illinois 60622

Closed / MLS #12406071 / Multiple Unit (2-4) / West Town
Listing information updated 7/30/2025 at 10:23am
Prime Land Value Opportunity - RT4 Zoning! Exceptional investment potential on this 24' x 124.29' lot, located outside of the Chicago Historic Preservation Ordinance-offering maximum redevelopment flexibility. Zoned RT4 with the ability to build two new units. Recent area condo sales are exceeding $700K! Currently, the property includes four 1-bedroom units-two in a front brick building and two in a rear frame coach house. Major renovation needed (gut job) for experienced rehabbers only. All units are long-term tenant-occupied on a month-to-month basis and generate $3,500/month in rental income. Additional highlights: Front building has a new roof All units equipped with central heat Sold AS-IS. The seller will not make any repairs or improvements. Located in a vibrant neighborhood with easy access to public transportation and blocks from the trendy shops and restaurants along Division and California.
Exterior Type:
Aluminum Siding,Brick
Basement:
None
Beds Above Grade:
4
Heating System:
Natural Gas, Forced Air
Pool:
No
Age:
100+ Years
Roof Type:
Asphalt,Flat
Room Count:
15
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Tax Amount:
$14,545
Tax Year:
2023
Zip Code:
60622
City:
Chicago
County:
Cook
School District(s):
299
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: @PROPERTIES

Listing Office Phone: 312.254.0200

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 7/30/2025 at 10:23am. 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. Some listings have been excluded from this website.

West Town, IL

Comprised of several distinct Chicago neighborhoods northwest of the Loop, West Town is a thriving community that has experienced extensive development over the past decade. The community includes the neighborhoods of Wicker Park, Ukrainian Village, East Village, River West, Noble Square, East Humbo...

CTA

CTA
Blue line at Damen

Metra

Metra
Milwaukee District North line at Western Ave Metra
Metra
Milwaukee District West line at Western
Metra
North Central Service line at Western
$760,309
Average Sale Price
45
Average Days On The Market
100%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 2431 W Thomas Street, Chicago, IL 60622
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2431 W Thomas Street, Chicago, IL 60622 is a multiple unit (2-4) which sold for $435,000. 2431 W Thomas Street features 4 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since June 28th, 2025 and was built in 1882. The nearest transit stops include Damen CTA Blue line and Western Ave Metra Metra Milwaukee District North line.

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