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

Chicago, IL, 60608
$ 3,300,000
Bedrooms1 Baths0.0

Monthly Estimate*

$ 19,764

2017 S Throop Street, Chicago, IL 60608 - Image 1
2017 S Throop Street, Chicago, IL 60608 - Image 2
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2017 S Throop Street, Chicago, IL 60608 - Image 4
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2017 S Throop Street, Chicago, IL 60608 - Image 9
2017 S Throop Street, Chicago, IL 60608 - Image 10

Multi-Family Home for sale in Chicago, IL

for $3,300,000 with 1 bedroom. This home was built in 1950.

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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Multi-Family Active

Price

$ 3,300,000

Bedrooms

1

Property Type

Multi-Family

Taxes

$ 19,907

Style

Year Built

1950

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12060929

Features
General
Cooling Central Air
Year Built 1950
Tenant Pays Electricity Heat
Stories 4
Tax Year 2021
Gross Income 270600
County Cook
Net Operating Income 225321
Operating Expense 31800
Insurance Expense 3389
Property Type Commercial Sale Multi Family 5+
Status Active
Directions North of Cermak East of Loomis West of Racine and South of Cullerton
City Chicago
NumberOfUnitsTotal 15
MLS Area CHI - Lower West Side
Tax Annual Amount 19907.9
Electric Expense 660
Fuel Expense 1381
Trash Expense 912
Water Sewer Expense 5500
Additional Parcels Y/N N
Days on Market 105
Standard Status Active
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Exterior
Lot Dimensions 125X25
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* Excluded Features
List By
First Western Properties

Broker

paul@1stwesternproperties.com

Email

Affordability Calculator

$21,423
Per Month
92%
8%
0%
Monthly Principal & Interest
$19,764
Monthly Property Taxes
$1,659
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/20/2024$2,975,000 Listed Price

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2017 S Throop Street, Chicago, IL, 60608 is a Multi-Family Home for sale at $3,300,000. 2017 S Throop Street has 1 bedrooms, 0.0 baths, and was built in 1950. The property's zip code is 60608 which is in Chicago, IL