2425 W Thomas St., Chicago, IL 60622

2425 W Thomas St., Chicago, IL 60622
Photo 1 of 1
$955,000
Sold on 5/20/21
Beds Baths Sq. Ft. Taxes Built
7 4.00 0 $16,977
On the market: 85 days
View full details, 15 photos, school info, and price history
$$ Machine In Highly Appreciating Area Of West Town / Ukrainian Village On A Fabulous St! 6.2% Cap Rate With 9.8% Annual Cash Flow Return on 25% Investment With Over 2K of Cash Flow Per Mo After All Expenses! P&L Available Upon Request & In Additional Info. Floor 3 Was De-converted To A 1 bedroom + Dent That Is 20x10. However, It Can Be Easily Restored To A 2 Bed + Den, Where Each BR Is 10 x 10 & Enjoys Electric, HVAC Vents, & Windows. This Would Raise The FLR 3 Rent From $1600 to $2,000 Per Mo. Legal 4 Flat With Front 3 Unit Bldg. & Rear Coach That Was Rehabbed Thoughtfully In 2013. All Units Enjoy Gas Forced Heat & Central AC, In Unit Washer & Dryers, & All Unit Utilities Are Separated & Paid By Tenants. Electrical, Plumbing, HVAC, Flooring, Etc. Updated in 2013 Along With High End Finishes. All Kitchens Have Granite Counter Tops & Stainless Steel Appliances With Glass Tile Back Splashes, & Modern Cabinetry. All The Bathrooms Are Updated & Include Contemporary Stone Tile & Vanities With Storage. The Coach House Is Charming & Has A Fantastic Mudroom Porch, There Is An Opportunity To Expand Into The Attic, & It Has 2 Store Rooms. Gorgeous Newly Stone Paver Courtyard Between The Buildings Includes BBQ's, & Outdoor Furniture Creating Ideal Shared Outdoor Space. Located On A Green Tree Lined Street With Easy Street Parking Near Restaurants & Night Life On Division & Western. Experts In Area Know That This Section Of West Town South Of Division Is Highly Appreciating.
Listing courtesy of Greg Nagel, Ask Nagel