Chicago, IL 60608 1900 S Throop Avenue
$2,300,000
Presented By: Century 21 Universal
Home Details
Prime Investment opportunity in Pilsen, Chicago! This turnkey, income-generating 12 unit property is a rare find in the highly sought-after Pilsen neighborhood of Chicago. Fully rented with strong cash flow, this building includes 11 residential apartments and 1 commercial storefront. offering a diverse income stream. With all rents currently below market value, there is significant upside potential for future appreciation. The property is surrounded by new construction and condo conversions, further enhancing its investment appeal. Don't miss this armchair investment - a hassle-free opportunity in a rapidly growing area!
Presented By: Century 21 Universal
General for 1900 S Throop Avenue
Additional Parcels Y/NNo
Cap Rate7.8
CityChicago
Construction MaterialsBrick
CoolingNone
CountyCook
Current UseOther
DirectionsRacine West on 19th St., to 1900 S. Throop
ElectricCircuit Breakers, Separate Meters
Electric Expense2280
Fuel Expense
Gross Income223800
Insurance Expense2400
Lot Size Square Feet4290
MLS AreaCHI - Lower West Side
ModificationTimestamp2025-05-22T12:55:01.665Z
Net Operating Income179195
Number Of Units Total12
Operating Expense25980
PossessionTenant's Rights
Possible UseCommercial, Retail, Other
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
RoofRubber
SewerStorm Sewer
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount18625.81
Tax Year2023
Tenant PaysElectricity, Heat
TownshipSouth Chicago
Trash Expense2400
UtilitiesSewer Connected, Water Available
Water Sewer Expense8400
Year Built1871
ZoningMULTI
Exterior for 1900 S Throop Avenue
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions40X125
Additional Details
Price History
