Chicago, IL 60608 1900 S Throop Street
$1,999,999
37 more
Presented By: Berkshire Hathaway HomeServices Chicago
Beds • 6
Home Details
This unique opportunity presents a 12-unit prime investment property located in Pilsen, Chicago. This turnkey, income-generating asset, 18,650K per month, 223,800K per year is a rare find, as it is fully rented and currently yielding strong cash flow. The property is situated in close proximity to universities, hospitals , parks, local shops, and restaurants. Furthermore, it is surrounded by new construction and condominium conversions, which enhances its appeal as an investment. This presents an ideal armchair investment-providing a hassle-free opportunity in a rapidly developing area.
Presented By: Berkshire Hathaway HomeServices Chicago
Interior Features for 1900 S Throop Street
Other Interior Features
BasementExterior Entry, Other
General for 1900 S Throop Street
Additional Parcels Y/NNo
Cap Rate7.8
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingNone
CountyCook
Current UseMulti-Family, Other
DirectionsRacine West on 19th St., to 1900 S. Throop
ElectricCircuit Breakers, Separate Meters
Electric Expense2280
Fuel Expense
Gross Income223800
Insurance Expense2400
MLS AreaCHI - Lower West Side
MaintenanceExpense9300
ModificationTimestamp2025-10-24T22:51:01.708Z
Net Operating Income179195
Number Of Units Total12
Operating Expense25980
PossessionTenant's Rights
Possible UseCommercial, Retail, Other
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofRubber
SewerStorm Sewer
Standard StatusActive Under Contract
StatusContingent
Stories Count3
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 Street
BuyerOfficeFax(312) 226-3925
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions40X125
Additional Details
Price History
