J
Seller's Agent in 2025
Jose Hernandez
Keller Williams Experience
(847) 708-5663
1 in this area
24 Total Sales
2641 W Thomas St Chicago, IL 60622
Humboldt Park Neighborhood
6
Beds
3
Baths
2,916
Sq Ft
--
Built
Highlights
- Traditional Architecture
- Forced Air Heating System
- 1-minute walk to SinoJ Park
About This Home
As of September 2025H&B offers due by Tuesday, 7-22-25 | 3pm *Classic Brick 3-Flat in East Humboldt Park - Solid Income, Strategic Updates, and Expansion Potential Beautiful turn-of-the-century Victorian 3-flat located just south of Division Street in East Humboldt Park. This legal 3-unit brick walk-up combines vintage charm, key system upgrades, and strong long-term potential-perfect for investors, developers, or owner-occupants looking to add value or convert under RT-4 zoning. Each of the three units offers 2 bedrooms and 1 bathroom, high 10 ft. ceilings, hardwood floors, and central heat. The top-floor unit has been thoughtfully renovated with updated kitchen and bath, new drywall, central AC, in-unit laundry, and refreshed finishes. Unit 2 was improved with new appliances, updated mechanicals, and cosmetic upgrades. Unit 1 retains its original finishes and offers clear value-add potential. Major building improvements include new rear porches (engineered to support an additional floor and roof deck), roof reseal, upgraded 200-amp electrical service, new front and rear windows and doors, new furnaces in all units, and a restored front entry and interior staircase. A brand new 3-car parking pad is being added, offering off-street parking and increasing rental desirability and convenience. Current annual rental income is $60,660 across staggered leases, with room for upside through rent adjustments and further renovations. Full unfinished basement offers storage or expansion potential. The deep 3,125 sq ft RT-4 lot with large backyard allows room for a garage or ADU addition (buyer to confirm with City of Chicago). Located on a quiet tree-lined street near Humboldt Park, Wicker Park, Bucktown, the 606 Trail, Blue Line CTA, Metra, Mariano's, and Division Street retail. A prime West Town location with strong rental demand and long-term value growth. Currently only showing at Open Houses
Last Agent to Sell the Property
Keller Williams Experience License #475193682 Listed on: 07/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,220
Home Design
- Traditional Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Stone Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 3 Bathrooms
Parking
- 3 Parking Spaces
- Parking Available
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 25x125
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $372
- Insurance Expense $3,000
- Maintenance Expense $1,246
- Water Sewer Expense $820
- Gross Income $60,660
- Net Operating Income $42,169
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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 |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | Sold | $910,000 | +11.1% | $312 / Sq Ft |
| 07/22/2025 07/22/25 | Pending | -- | -- | -- |
| 07/08/2025 07/08/25 | For Sale | $819,000 | -- | $281 / 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 | $11,220 | $67,189 | $17,500 | $49,689 |
| 2024 | $11,220 | $67,189 | $17,500 | $49,689 |
| 2023 | $10,905 | $53,021 | $14,063 | $38,958 |
| 2022 | $10,905 | $53,021 | $14,063 | $38,958 |
| 2021 | $11,653 | $57,948 | $14,062 | $43,886 |
| 2020 | $8,919 | $40,037 | $7,968 | $32,069 |
| 2019 | $9,141 | $45,497 | $7,968 | $37,529 |
| 2018 | $9,632 | $48,763 | $7,968 | $40,795 |
| 2017 | $6,516 | $30,271 | $7,031 | $23,240 |
| 2016 | $7,694 | $38,414 | $7,031 | $31,383 |
| 2015 | $7,039 | $38,414 | $7,031 | $31,383 |
| 2014 | $5,179 | $30,482 | $6,250 | $24,232 |
| 2013 | $5,066 | $30,482 | $6,250 | $24,232 |
Source: Public Records
Agents Affiliated with this Home
-
Jose Hernandez
-
Bryan Cheatem
Seller Co-Listing Agent in 2025
Bryan Cheatem
Keller Williams Premiere Properties
(708) 400-6338
1 in this area
37 Total Sales
-
David Hunt
Buyer's Agent in 2025
David Hunt
Compass
(773) 466-7150
4 in this area
64 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12400444
APN: 16014090070000
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