1542 W Thomas Street
Chicago, Illinois 60642

Coming Soon / MLS #12644332 / Multiple Unit (2-4) / West Town
Listing information updated 5/16/2026 at 6:03am
HOT WEST TOWN Multi-Family 5 Unit Property- separate front brick facade/frame building featuring 2 units plus garden unit (Non-conforming garden unit-with no representation of legality of garden unit) and a separate rear Frame Coach House offering an additional 2 units (Non-conforming Coach House with no representation of legality of Coach House) Total 5 units are designed with One Bedroom and One Bathroom Apartments with Hardwood Floors, Each Apartment has Individual Space Heating Systems, Coin-Operated Common Area Laundry Facility, with tenants paying Gas and Electric. Owner pays for the Garden unit's electric. Additional bedroom and separate water closet in the basement for the owner's personal use only. Nice deck in yard with 2 rear owner parking spaces. Immediate income increase by renting the 2 parking spaces. Easy access to public transportation, just steps to the blue line, grocery stores, convenient highway access, popular restaurants, entertainment, and minutes to River West, Fulton Market and downtown. Hold for long term investment, upgrade units to increase value, or 1031x, with R3 zoning. Many possibilities. Property will be SOLD "AS IS". Annual rent income $90,600. Unit 1F $1600.00 exp 6/30/26, Unit 2F $1550.00 exp 6/30/26 Garden $1150.00 exp 6/30/27 Coach H Unit 2 $1600 exp 6/30/27 Coach H Unit 1 $1650 exp 6/30/27

Listing Office: @PROPERTIES

Listing Office Phone: 847.881.0200

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1542 W Thomas Street, Chicago, IL 60642 is a multiple unit (2-4) currently listed at $1,100,000. 1542 W Thomas Street features 2 Beds, 2 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since May 30th, 2026. Nearby schools include Otis Elementary School and Wells Community Academy Senior H. The nearest transit stops include Division CTA Blue line.