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2017 S Throop Street

Chicago, IL 60608
  • $3,300,000
  • STATUS: Active
  • ON SITE: 261 Days
  • MLS #: 12060929
$3,300,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

Description

Introducing an exceptional investment opportunity in the vibrant neighborhood of Pilsen! This brand new, gut-rehabbed multifamily building boasts 15 stylish units, offering the perfect blend of modern luxury and urban convenience. With a 7.51% capitalization rate, this property presents an irresistible chance for savvy investors to maximize their returns in a rapidly growing market. Located in the heart of Pilsen, one of the hottest areas in town, this multifamily building benefits from an incredibly desirable location. Pilsen is renowned for its vibrant arts scene, trendy boutiques, popular restaurants, and lively entertainment options, making it a sought-after destination for residents and visitors alike. In addition to its superb location, this multifamily building has been meticulously renovated from top to bottom, ensuring low maintenance and minimal vacancy rates.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-05T23:59:05.13 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2017 S Throop Street Chicago, IL 60608

  • Price: $3,300,000
  • Status: Active
  • On Site: 261 Days
  • MLS #: 12060929
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1950
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Introducing an exceptional investment opportunity in the vibrant neighborhood of Pilsen! This brand new, gut-rehabbed multifamily building boasts 15 stylish units, offering the perfect blend of modern luxury and urban convenience. With a 7.51% capitalization rate, this property presents an irresistible chance for savvy investors to maximize their returns in a rapidly growing market. Located in the heart of Pilsen, one of the hottest areas in town, this multifamily building benefits from an incredibly desirable location. Pilsen is renowned for its vibrant arts scene, trendy boutiques, popular restaurants, and lively entertainment options, making it a sought-after destination for residents and visitors alike. In addition to its superb location, this multifamily building has been meticulously renovated from top to bottom, ensuring low maintenance and minimal vacancy rates.
Interior Features

Cooling Central Air Heat Ventilation Central Heat/Indiv Controls

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Gross Income 270600 Gross Scheduled Income 270600 Insurance Expense 3389 Maintenance Expense 0 Mls Actual Status Active Net Operating Income 225321 Operating Expense 31800 Tax Annual Amount 19907.9 Tax Year 2021 Tenant Pays ElectricityHeat Total Monthly Income 22550 Type Multi Family 5+

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of First Western Properties: 773-545-2000.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-05T23:59:05.13 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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