1542 W Thomas Street Chicago, IL $ 1,200,000
1542 W Thomas Street
$ 1,200,000
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1542 W Thomas Street

Chicago, IL, 60642
$ 1,200,000
Bedrooms5 Baths5.0

Monthly Estimate*

$ 7,577

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Multi-Family Home for sale in Chicago, IL

for $1,200,000 with 5 bedrooms and 5 full baths. This home was built in 1891.

HOT WEST TOWN Multi-Family 4 Unit Property- separate front brick facade building featuring 2 units plus a garden unit (Non-conforming garden unit-with no representation of legality of garden unit) and a separate rear building offering an additional 2 one bedroom, one bath units with hardwood floors, all units have Individual Space Heat. Coin-Operated Common Area Laundry Facility. Additional room, and water closet in the lower level for the owner's personal use only. Nice deck in yard, 2 rear parking spaces with privacy gate. 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. Build your dream home, hold for long term investment, 1031x, offers R3 zoning. Many possibilities.

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

5

Full Bath

5

Property Type

Multi-Family

Taxes

$ 6,663

Style

Year Built

1891

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12644332

Features
General
Sewer Public Sewer
Heating Space Heater
Possession Closing
Zoning MULTI
Construction Materials Frame
Year Built 1891
Township West Chicago
Tax Year 2024
Ownership Fee Simple
Gross Income 95600
Community Features Curbs Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 14
Status New
Directions Thomas runs one way East from Ashland.
High School Wells Community Academy Senior H
City Chicago
High School District 299
MLS Area CHI - West Town
Elementary School Otis Elementary School
Tax Annual Amount 6663.82
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Partially Finished Exterior Entry Storage Space Full Daylight
Total Bedrooms 5
Room Type Utility Room-Lower Level
Total Baths 5
Bedrooms Possible 5
Full Baths Building 5
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Off Alley Yes Owned
Water Source Public
Total Parking 2
Lot Dimensions 24 X 124
Waterfront Y/N N
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* Excluded Features
List By
@Properties Christie's International Real Estate

Broker

kathleenwhalen@atproperties.com;kathleenwhalen@atproperties.com

Email

Affordability Calculator

$8,132
Per Month
93%
7%
0%
Monthly Principal & Interest
$7,577
Monthly Property Taxes
$555
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
697953 Elementary School
566846 Middle School
Wells Community Academy Senior H High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2026$1,200,000 Listed Price

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1542 W Thomas Street, Chicago, IL, 60642 is a Multi-Family Home for sale at $1,200,000. 1542 W Thomas Street has 5 bedrooms, 5.0 baths, and was built in 1891. The property's zip code is 60642 which is in Chicago, IL