2431 W Thomas St.

2431 W Thomas St., Chicago, IL 60622

List Price: $469,000


Beds Baths Built Sq.Ft. Garage Taxes On Market
4 1882 0 $14,546 1 day

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.

Listing courtesy of @properties Christie's International Real Estate


Marco Amidei
Marco Amidei
(888) 32-Marco (847) 630-4886
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