Welcome to this charming 3-unit brick building with income potential that presents an excellent investment opportunity. This well-maintained property offers a garden unit with 2 bedrooms and 1 bath, currently rented for $978 per month to a CHA tenant on a month-to-month lease. The garden unit is zoned legal. The first-floor unit, featuring 2 bedrooms and 1 bath, is currently leased to a CHA tenant until February 2024 at $1,142 per month. Lastly, the second-floor unit boasts 3 bedrooms and 1 bath and is move-in ready, providing you with the flexibility to live in or rent for additional income. Each unit has separate utilities and gas forced air. This property offers a unique chance to live in one unit while receiving rental income from the others or maximize your income potential by renting out the vacant unit. Don't miss this opportunity to own a well-maintained, income-generating property.
Closed
$364,000
4905 W Thomas St, Chicago, IL 60651
7beds
--sqft
Multi Family
Built in 1917
-- sqft lot
$472,500 Zestimate®
$--/sqft
$2,544 Estimated rent
Home value
$472,500
$430,000 - $515,000
$2,544/mo
Zestimate® history
Owner options
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$2,544/mo
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$2,561/mo
Est. payment
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$2,561/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing courtesy of:
Sam Shah 847-757-2777,
YBRS Realty Inc.
Bought with:
Gloria Espinosa
Greater Chicago Real Estate Inc.
Source: MRED as distributed by MLS GRID,MLS#: 11892711
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Electric, Forced Air
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
Lot
- Size: 3,125 sqft
- Dimensions: 25X125
Details
- Parcel number: 16044110150000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1917
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 2/15/2024 | Sold | $364,000+2.8% |
Source:  MRED as distributed by MLS GRID #11892711 Report a problem | ||
| 12/15/2023 | Contingent | $354,000 |
Source: MRED as distributed by MLS GRID #11892711 Report a problem | ||
| 10/31/2023 | Listed for sale | $354,000 |
Source: MRED as distributed by MLS GRID #11892711 Report a problem | ||
| 10/28/2023 | Contingent | $354,000 |
Source: MRED as distributed by MLS GRID #11892711 Report a problem | ||
| 10/12/2023 | Price change | $354,000-1.6% |
Source: MRED as distributed by MLS GRID #11892711 Report a problem | ||
| 9/30/2023 | Listed for sale | $359,900 |
Source: MRED as distributed by MLS GRID #11892711 Report a problem | ||
| 9/28/2023 | Contingent | $359,900 |
Source: MRED as distributed by MLS GRID #11892711 Report a problem | ||
| 9/23/2023 | Listed for sale | $359,900+802% |
Source: MRED as distributed by MLS GRID #11892711 Report a problem | ||
| 3/12/2021 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 3/11/2021 | Listed for rent | $1,198-4.4% |
Source: Zillow Rental Network_1 Report a problem | ||
| 12/30/2019 | Listing removed | $1,253 |
Source: Go Section8 Report a problem | ||
| 12/24/2019 | Listed for rent | $1,253+15.2% |
Source: Go Section8 Report a problem | ||
| 8/29/2019 | Listing removed | $1,088 |
Source: Go Section8 Report a problem | ||
| 8/15/2019 | Listed for rent | $1,088 |
Source: Go Section8 Report a problem | ||
| 4/27/2012 | Sold | $39,900 |
Source: MRED as distributed by MLS GRID #08013270 Report a problem | ||
| 3/8/2012 | Listed for sale | $39,900-82.8% |
Source: foreclosure.com Report a problem | ||
| 5/23/2005 | Sold | $232,500+55% |
Source: Public Record Report a problem | ||
| 3/7/2000 | Sold | $150,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $27,453 +9.8% |
| 2023 | $5,275 +2.6% | $24,999 |
| 2022 | $5,142 +2.3% | $24,999 |
| 2021 | $5,027 +57.3% | $24,999 +74.2% |
| 2020 | $3,197 -2.4% | $14,349 -12% |
| 2019 | $3,276 +1.7% | $16,306 |
| 2018 | $3,221 -15% | $16,306 -7.4% |
| 2017 | $3,790 +7.5% | $17,608 |
| 2016 | $3,527 -8.9% | $17,608 -16.7% |
| 2015 | $3,873 +17.7% | $21,136 +19.2% |
| 2014 | $3,291 +2% | $17,738 |
| 2013 | $3,226 -10.8% | $17,738 -12% |
| 2012 | $3,615 +0.5% | $20,146 -9.3% |
| 2011 | $3,599 -0.4% | $22,207 |
| 2010 | $3,614 +4.4% | $22,207 |
| 2009 | $3,463 -15.4% | $22,207 -22.2% |
| 2008 | $4,094 +1% | $28,539 |
| 2007 | $4,053 -1.1% | $28,539 |
| 2006 | $4,097 +44.5% | $28,539 +64.5% |
| 2005 | $2,835 +1% | $17,349 |
| 2004 | $2,806 +2.2% | $17,349 |
| 2003 | $2,745 +16.5% | $17,349 +32.3% |
| 2002 | $2,356 +22.7% | $13,113 |
| 2001 | $1,920 -7.8% | $13,113 |
| 2000 | $2,083 +22.7% | $13,113 +20.9% |
| 1999 | $1,698 | $10,845 |
Find assessor info on the county website
Neighborhood: South Austin
Nearby schools
GreatSchools rating
- 4/10McNair School of ExcellenceGrades: PK-8Distance: 0.2 mi
- 1/10Orr Academy High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$472,500
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Estimated market value
$472,500
- Illinois
- Cook County
- Chicago
- 60651
- South Austin
- 4905 W Thomas St
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