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1900 S Throop Avenue

Chicago, IL 60608
  • $2,300,000
  • STATUS: Active
  • ON SITE: 112 Days
  • MLS #: 12292720
UPDATED: 44 min ago
$2,300,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1871
County:
Area:

School Ratings & Info

Description

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!

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2025-06-12T21:06:36.953 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1900 S Throop Avenue Chicago, IL 60608

  • Price: $2,300,000
  • Status: Active
  • On Site: 112 Days
  • Updated: 44 min ago
  • MLS #: 12292720
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1871
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
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!
Exterior Features

Foundation Details Concrete Perimeter Frontage Type City Street Roof Rubber Roof Structure Flat

Interior Features

Cooling None Heat Ventilation Wall Unit

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Current Use Other Electric Circuit BreakersSeparate Meters Fire Protection None Geographic Locale Chicago South Gross Income 223800 Gross Scheduled Income 223800 Insurance Expense 2400 Mls Actual Status Active Net Operating Income 179195 Operating Expense 25980 Ownership Types Individual Possible Use CommercialRetailOther Property Sub Type Mixed Use Rental Price 0 Seller Needs Cash Sewer Storm Sewer Tax Annual Amount 18625.81 Tax Year 2023 Tenant Pays ElectricityHeat Total Monthly Income 18650 Township South Chicago Type Mixed Use Utilities Sewer ConnectedWater Available Zoning MULTI

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Century 21 Universal: 773-465-0300.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2025-06-12T21:06:36.953 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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