1614 W Thome Avenue, Chicago, IL

$1,175,000

Overview

  • 400288
  • Property ID
  • Updated On:
  • April 28, 2026
  • 9
  • Bedrooms
  • 5
  • Bathrooms

Description

LIVE AND INVEST. Rare opportunity to own a well-maintained 4-unit building on a quiet, tree-lined street in Edgewater. The standout feature is Unit 1F, the owner’s unit, a spacious duplex down offering 3 bedrooms and 2 baths across two levels. The main level features generous living areas, a full kitchen, and two bedrooms, while the lower level expands the space with a large family room with a fireplace, an additional bedroom, a full bath, and a bar area, creating a flexible layout that lives more like a condo. In-unit laundry is also located within the owner’s unit. The remaining units provide a strong and versatile unit mix. Unit 2F is a 3-bed, 2-bath offering a well-balanced layout with comfortable living and dining space and in-unit laundry. Unit 1R is a 2-bed, 1-bath, and Unit 2R is a 1-bed, 1-bath, ideal for steady rental income. Each unit features functional layouts, separate kitchens, and good natural light. Multiple decks offer great outdoor space for tenants, while the oversized backyard is a rare find for a multi-unit property, perfect for entertaining, gardening, or shared use. A 3-car garage adds significant value and potential for additional income. With approximately 3,900+ sq ft of above-grade space plus substantial lower-level space, this is a sizable building with strong income potential and long-term upside. Ideally located near the lakefront, parks, public transportation, and neighborhood dining and shopping, this is a versatile opportunity for an owner-occupant or investor alike.

Bathrooms
3+
Bedrooms
5+
Climate Control
Heating
Garden
Yes
Parking
Garage
Other Features
Brick
Detached
Natural Gas
Other

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$6,024.46
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 4,555.71

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Information for the property at 1614 W Thome Avenue, Chicago, IL, 60660 (Property ID: 400288) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi