Chicago, IL 60608 2017 S Throop Street
$3,300,000



5 more






Presented By: First Western Properties
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
Cap Rate7.51
CityChicago
CoolingCentral Air
CountyCook
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
ModificationTimestamp2024-09-01T05:07:11.025Z
Net Operating Income225321
Number Of Units Total15
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
