8157 S Throop Street

Chicago, Illinois 60620
Price Change / MLS #11975649 / Multiple Family / Auburn Gresham
Listing information updated 4/15/2024 at 6:43am
8157 s Throop is comprised of six 2bed 1bath units and three 1bed 1bath units. The units have been very well maintained with hardwood flooring throughout. Improvements to the building consist of but not limited to a new high efficient boiler system. Throop Presents an Investor a unique opportunity of acquiring a cash flowing building with a value-add component. At list price this asset performs at an 8% cap rate. However, solely by raising the rents there is an opportunity to achieve a much higher cap rate.

Full Features

Exterior Type:
Brick
Basement:
Unfinished
Water Front:
No
Square Feet:
N/A
Built:
1918
Cooling System:
None
Stories:
2
Zoning:
MULTI
Current Net Income:
$53,929
Unit 1:
3 room(s) / 1 bed(s) / 1 bath(s)
Unit 2:
4 room(s) / 2 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:
$8,500
Tax Year:
2022

Location

Zip Code:
60620
City:
Chicago
County:
Cook

Listing Office: Blue Door Dave Inc

Listing Office Phone: 312.344.1487

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 4/15/2024 at 6:43am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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8157 S Throop Street is a multiple family currently listed at $665,000. This multiple family has been listed on @properties since February 6th, 2024 and was built in 1918. The nearest transit stops include Gresham Metra Metra Rock Island District line.