Chicago, IL 60608 2017 S Throop Street

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Presented By: First Western Properties
  • MLS# 12060929
  • 05/20/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 1

Home Details

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.
Presented By: First Western Properties

Interior Features for 2017 S Throop Street

Other Interior Features

Street SuffixStreet

General for 2017 S Throop Street

Additional Parcels Y/NNo
CityChicago
CoolingCentral Air
CountyCook
Days on Market7
DirectionsNorth of Cermak, East of Loomis, West of Racine and South of Cullerton
Electric Expense660
Fuel Expense1381
Gross Income270600
Insurance Expense3389
MLS AreaCHI - Lower West Side
MaintenanceExpense
Net Operating Income225321
NumberOfUnitsTotal15
Operating Expense31800
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories4
Tax Annual Amount19907.9
Tax Year2021
Tenant PaysElectricity, Heat
Trash Expense912
Water Sewer Expense5500
Year Built1950

Exterior for 2017 S Throop Street

Lot Dimensions125X25

Additional Details

Price History

Worth Clark

Price $2,975,000
MLS#12060929
List Date 05/20/2024
Property Type Multi-Family
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