$910,000
SOLD SEP 2, 2025

2641 W Thomas St Chicago, IL 60622

Humboldt Park Neighborhood
6 Beds
3 Baths
2,916 Sq Ft
-- Built

Recently Sold

$312 Per Sq Ft

11% Above List Price

14 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 1-minute walk to SinoJ Park

About This Home

As of September 2025

H&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

Jose Hernandez

Keller Williams Experience License #475193682 Listed on: 07/08/2025

Keller Williams Experience

Co-Listed By

Bryan Cheatem

Keller Williams Premiere Properties License #475193861

Last Buyer's Agent

David Hunt

Compass License #475140655

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,220

Parking

  • 3 Parking Spaces

Home Design

  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,220

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Age: 71-80 Years,100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Hardwood Floors

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Stone
  • List Price: 819000
  • Roof: Flat
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site, Owned
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs

Fee Information

  • Water Sewer Expenses: 820

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 42169
  • Insurance Expense: 3000
  • ElectricExpense: 372
  • GrossIncome: 60660
  • Maintenance Expense: 1246
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 11220
  • Tax Year: 2023

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jose Hernandez

    Keller Williams Experience

    (847) 708-5663

    1 in this area

    22 Total Sales

    Jose Hernandez
    Section Image
  • Bryan Cheatem

    Seller Co-Listing Agent in 2025

    Bryan Cheatem

    Keller Williams Premiere Properties

    (708) 400-6338

    1 in this area

    32 Total Sales

    Bryan Cheatem
    Section Image
  • David Hunt

    Buyer's Agent in 2025

    David Hunt

    Compass

    (773) 466-7150

    5 in this area

    68 Total Sales

    David Hunt
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12400444

Midwest Real Estate Data (MRED)

APN: 16014090070000

Illinois Cook County Chicago 60622 Humboldt Park

2641 W Thomas St, Chicago, IL

This home is located at 2641 W Thomas St, Chicago, IL 60622 and is currently priced at $910,000, approximately $312 per square foot. 2641 W Thomas St is a home located in Cook County with nearby schools including Chopin Elementary School, Clemente Community Academy High School, and Acero - Esmera Santiago Elementary School.

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