1542 W Thomas Street, Chicago IL 60642
$1,200,000

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Property Description

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.

Features & Information

Key Details

  • List Price $1,200,000
  • Property Taxes $6,664
  • Year Built 1891
  • Status Active
  • List Market Time 7

Units

  • Unit 1

  • Floor 1
  • Rooms 3
  • Beds 1
  • Baths 1
  • Appliances Stove, Refrigerator, Hardwood Floors
  • Rent $1,675/mo
  • Tenant Pays Gas
  • Lease Expires 7/27
  • Unit 2

  • Floor 2
  • Rooms 3
  • Beds 1
  • Baths 1
  • Appliances Stove, Refrigerator, Hardwood Floors
  • Rent $1,750/mo
  • Tenant Pays All
  • Lease Expires 6/27
  • Unit 3

  • Floor 1
  • Rooms 3
  • Beds 1
  • Baths 1
  • Appliances Stove, Refrigerator, Hardwood Floors
  • Rent $1,650/mo
  • Tenant Pays All
  • Lease Expires 6/27
  • Unit 4

  • Floor 2
  • Rooms 3
  • Beds 1
  • Baths 1
  • Appliances Stove, Refrigerator, Hardwood Floors
  • Rent $1,625/mo
  • Tenant Pays All
  • Lease Expires 6/27

Exterior Features

  • Parking

  • # of Cars:  2

Building Information

  • Number of Units 4
  • Age of Building 100+ Years

Location

  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property Thomas Runs One Way East From Ashland.
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • School Name Wells Community Academy Senior H
  • Property Taxes

  • Tax 6663.82
  • Tax Year 2024
  • Tax Exemptions Homeowner,Senior,Senior Freeze
  • Parcel Identification Number 17053010220000

Listed by Kathleen Whalen for @properties Christie's International Real Estate | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 9/10/2026 10:02 PM. 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.

Explore Noble Square

Noble Square is a small pocket of a neighborhood surrounded by more notable areas such as Wicker Park and Ukrainian Village. The streets remain primarily residential, while the busy avenues of Chicago and Grand offer a variety of dining, shopping and nightlife options. People come from all over the city to experience the unique restaurants in Noble Square that have become all the rage in Chicago. A testament to Noble Square's culinary popularity: Some of these places are booked a month in advance for the weekends, and no matter what night you go out, there is bound to be a throng of hungry Chicagoans enjoying the neighborhood's eclectic menu choices. After dinner, the focus turns toward Noble Square's spirited watering holes. There are a good number of casual sports bars, the kind with pool tables and giant TVs for watching a game. For more cultural evening entertainment, the Chopin Theatre is known for its edgy performances that include every form of expression from poetry readings and films to plays and live music.

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