Seller's Agent in 2025
Daniel Merrion
Coldwell Banker Realty
(312) 208-9800
1 in this area
94 Total Sales
1843 W Thomas St Chicago, IL 60622
East Village Neighborhood
--
Bed
--
Bath
650
Sq Ft
3,004
Sq Ft Lot
Highlights
- Forced Air Heating and Cooling System
- Wood Siding
- 4-minute walk to Bertha Honoré Palmer Park
- A.N. Pritzker School Rated A-
About This Home
As of June 2025Beautifully Renovated 6-Unit Multi-Family in Prime Wicker Park Location This stunning 6-unit building in the heart of Wicker Park offers an incredible investment opportunity. Fully gut-rehabbed in 2016, no detail was overlooked-everything was updated, including plumbing, electric, HVAC systems, roof, tuckpointing, siding, and more. Each unit boasts condo-quality finishes, featuring granite countertops, stainless steel appliances, contemporary baths, hardwood floors, and subway tile backsplashes. With individual HVAC systems and in-unit laundry for each residence, tenants enjoy modern conveniences alongside timeless charm. Spacious bedrooms and ample storage add to the property's appeal. This is a true turnkey investment-professionally managed with a proactive approach, allowing for seamless rent collection and potential for increased income. Unbeatable Wicker Park Location. Nestled in one of Chicago's most vibrant neighborhoods, this building is just steps from everything that makes Wicker Park so desirable. You're a short walk from the Blue Line El, Division Street's trendy bars, restaurants, and boutiques, and minutes from the expressways. Nearby, you'll also find popular shopping destinations, grocery stores, and parks. Wicker Park's rich cultural scene, combined with its proximity to downtown, ensures high demand from renters, making this property a solid investment in one of the city's hottest areas.
Last Agent to Sell the Property
Coldwell Banker Realty License #471018576 Listed on: 09/17/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,904
Year Built
- Built in 1889
Lot Details
- 3,004 Sq Ft Lot
- Lot Dimensions are 40x75
Home Design
- Wood Siding
- Vinyl Siding
- Concrete Block And Stucco Construction
Interior Spaces
- 2-Story Property
- Unfinished Basement
Utilities
- Forced Air Heating and Cooling System
- Separate Meters
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heat
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $480
- Insurance Expense $3,582
- Trash Expense $2,352
- Water Sewer Expense $3,600
- Operating Expense $28,118
- Gross Income $139,260
- Net Operating Income $111,142
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/17/2025 06/17/25 | Sold | $1,660,000 | -5.1% | $2,554 / Sq Ft | |
| 06/05/2025 06/05/25 | Pending | -- | -- | -- | |
| 03/25/2025 03/25/25 | For Sale | $1,749,000 | 0.0% | $2,691 / Sq Ft | |
| 01/15/2025 01/15/25 | Pending | -- | -- | -- | |
| 12/16/2024 12/16/24 | Price Changed | $1,749,000 | -1.5% | $2,691 / Sq Ft | |
| 09/17/2024 09/17/24 | For Sale | $1,775,000 | +10.9% | $2,731 / Sq Ft | |
| 05/16/2016 05/16/16 | Sold | $1,600,000 | -8.6% | $2,462 / Sq Ft | View Prior Sale |
| 04/06/2016 04/06/16 | Pending | -- | -- | -- | |
| 01/25/2016 01/25/16 | For Sale | $1,750,000 | -- | $2,692 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $18,421 | $106,528 | $26,100 | $80,428 |
| 2024 | $18,421 | $106,528 | $26,100 | $80,428 |
| 2023 | $17,904 | $87,048 | $21,000 | $66,048 |
| 2022 | $17,904 | $87,048 | $21,000 | $66,048 |
| 2021 | $18,528 | $92,138 | $21,000 | $71,138 |
| 2020 | $17,175 | $77,098 | $10,200 | $66,898 |
| 2019 | $17,211 | $85,665 | $10,200 | $75,465 |
| 2018 | $16,922 | $85,665 | $10,200 | $75,465 |
| 2017 | $12,265 | $56,977 | $9,000 | $47,977 |
| 2016 | $12,678 | $63,297 | $9,000 | $54,297 |
| 2015 | $9,304 | $50,773 | $9,000 | $41,773 |
| 2014 | $8,509 | $45,862 | $7,500 | $38,362 |
| 2013 | $8,341 | $45,862 | $7,500 | $38,362 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Merrion
-
Rob Sikkel
Buyer's Agent in 2025
Rob Sikkel
@ Properties
(312) 550-5553
4 in this area
55 Total Sales
-
Kevin Schnell
Seller's Agent in 2016
Kevin Schnell
33 Realty
3 in this area
21 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12162877
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Based on information submitted to the MLS GRID
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