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$1,820,000
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Property Description
Absolutely perfect opportunity for either an owner-occupant or an investor, this stately, highly attractive 7,600 square foot Ukrainian Village greystone four-flat was previously converted from a jumbo six-unit building and features four oversized duplex apartment units with attractive amenities, three parking spaces in the rear, and outdoor space. Three units are currently rented, with one available for immediate move-in by a new owner or tenant. All units feature updated kitchens, quartz counters, designer finishes, in-unit washer/dryer, individually metered HVAC systems with central air, and much more. Agent-affilated ownership. Potential owner's duplex up Unit 1F is enormous and approximately 2,000 sf, featuring freestanding tub, 2 large bedrooms (one of which could possibly be turned into 2 rooms), an office space, and 2.5 baths. Front duplex down unit is massive as well with 2 large bedrooms, and 3 full baths. TAX NOTE: property taxes have been successfully appealed and are expected to be substantially reduced in 2025 (approximately $13,360.12 based on the most recent tax rate and multiplier applicable to this property)! This property is listed at above a 7.2 cap rate based on the new tax assessment and assuming full occupancy at the projected rent for Unit 1F.
Full Property Details
Full Property Details for 2649 W Thomas Ave
General
- Sold For: $1,820,000
- Taxes: $23,066 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12496647
- Added to Site: 63 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 11
Bedrooms
- Total Bedrooms: 8
Parking
- Total Spaces: 3
- Parking Features: Yes
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: California south to Thomas west to address.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Construction: Brick, Limestone
- Exterior Const.: Brick, Limestone
- Basement Desc.: Finished, Full
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
Financial Considerations
- Tax Amount: $23,066
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16014090040000
Listed by New Era Chicago, LLC
Sold by Berkshire Hathaway HomeServices Chicago
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Schools
Schools serving 2649 W Thomas Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Chopin Elementary School 2450 West Rice Street, Chicago, IL 60622 | PK-8 | 0.4 mi |
Clemente Community Academy High School 1147 North Western Avenue, Chicago, IL 60622 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2649 W Thomas Ave
Date
Details
Price
Change
Source
12/19/2025
Sold
$1,820,000
—
MLS
11/13/2025
Listed
$1,820,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2649 W Thomas Avenue, Chicago, IL 60622 (MLS# 12496647) is a Multi-Family property that was sold at $1,820,000 on December 19, 2025. Want to learn more about 2649 W Thomas Avenue? Do you have questions about finding other Multi-Family real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.

