1900 S Throop Street Chicago, IL ^$ 1,899,999

1900 S Throop Street

^$ 1,899,999

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New Construction

1900 S Throop Street

Chicago, IL, 60608

^$ 1,899,999

Bedrooms6 Baths0.0

Monthly Estimate*

^$ 11,854

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Multi-Family Home for sale in Chicago, IL

for $1,899,999 with 6 bedrooms. This home was built in 1871.

This unique opportunity presents a 12-unit prime investment property located in Pilsen, Chicago. This turnkey, income-generating asset, 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.

Multi-Family Active

Price

^$ 1,899,999

Bedrooms

Property Type

Multi-Family

Taxes

^$ 18,625

Style

Multi-Family

Year Built

1871

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12513670

Features

General

Sewer Storm Sewer

Cooling None

Utilities Sewer Connected Water Available

Possession Tenant's Rights

Roof Rubber

Zoning MULTI

Construction Materials Brick

Year Built 1871

Electric Circuit Breakers Separate Meters

Tenant Pays Electricity Heat

Stories Count 3

Township South Chicago

Tax Year 2023

Current Use Multi-Family Other

Gross Income 223800

County Cook

Net Operating Income 179195

Operating Expense 25980

Insurance Expense 2400

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 9300

Possible Use Commercial Condominium Retail Other

Status Active

Directions Racine West on 19th St. to 1900 S. Throop

City Chicago

Number Of Units Total 12

MLS Area CHI - Lower West Side

Tax Annual Amount 18625.81

Electric Expense 2280

Fuel Expense 0

Trash Expense 2400

Water Sewer Expense 8400

Additional Parcels Y/N N

Standard Status Active

Cap Rate 7.8

Interior

Basement Exterior Entry Other

Exterior

Foundation Details Concrete Perimeter

Lot Dimensions 40X125

Frontage Type City Street

* Excluded Features

List By

Berkshire Hathaway Homeservices Chicago

Broker

tperry@bhhschicago.com

Affordability Calculator

$13,406

Per Month

Monthly Principal & Interest: $11,854
Monthly Property Taxes: $1,552
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$615,846

Percent of Sale Price 68%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/7/2025	$1,899,999		Listed Price

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1900 S Throop Street, Chicago, IL, 60608 is a Multi-Family Home for sale at $1,899,999. 1900 S Throop Street has 6 bedrooms, 0.0 baths, and was built in 1871. The property's zip code is 60608 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/9/2025.

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1900 S Throop Street

Multi-Family Home for sale in Chicago, IL

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