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
1
Bed
1
Bath
650
Sq Ft
3,004
Sq Ft Lot
Highlights
- Forced Air Heating and Cooling System
- A.N. Pritzker School Rated A-
- 4-minute walk to Bertha Honoré Palmer Park
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
- Concrete Block And Stucco Construction
Interior Spaces
- 2-Story Property
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 Compared to Growth
Agents Affiliated with this Home
-
Daniel Merrion
-
Rob Sikkel
Buyer's Agent in 2025
Rob Sikkel
@ Properties
(312) 550-5553
4 in this area
56 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
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. 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. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 1019 N Wolcott Ave
- 1013 N Honore St Unit 1
- 1029 N Winchester Ave
- 1057 N Wood St Unit 1
- 1119 N Winchester Ave Unit 2
- 1002 N Wood St
- 1035 N Hermitage Ave Unit 3
- 1015 N Hermitage Ave Unit C
- 908 N Winchester Ave
- 1222 N Paulina St
- 1213 N Paulina St
- 2405 W Iowa St Unit 405
- 1636 W Augusta Blvd
- 830 N Hermitage Ave Unit 2
- 1951 W Evergreen Ave
- 878 N Marshfield Ave Unit 1
- 629 N Ashland Ave
- 1258 N Milwaukee Ave Unit 3N
- 814 N Hermitage Ave
- 1232 N Milwaukee Ave Unit 2
- 1843 W Thomas St Unit 1W
- 1843 W Thomas St
- 1843 W Thomas St Unit 2W
- 1843 W Thomas St Unit 2E
- 1843 W Thomas St Unit 2R
- 1843 W Thomas St Unit 2WAE
- 1843 W Thomas St Unit 1E
- 1839 W Thomas St
- 1048 N Honore St
- 1835 W Thomas St
- 1835 W Thomas St
- 1050 N Honore St
- 1046 N Honore St
- 1055 N Wolcott Ave
- 1055 N Wolcott Ave Unit 1R
- 1051 N Wolcott Ave Unit 2
- 1051 N Wolcott Ave Unit 3
- 1051 N Wolcott Ave Unit 1
- 1051 N Wolcott Ave Unit 1051 Wolcott
- 1836 W Thomas St