1900 S Throop St - Storefront Retail/Residential FOR SALE


Chicago, IL 60608- Pilsen
$2,300,000 USD
773-954-1696
1900 S Throop St, Chicago, IL for Sale
$2,300,000 USD
Storefront Retail/Residential - FOR SALE
1/3
null | 6.57% Cap Rate

1900 S Throop St
Chicago, IL 60608
Pilsen


HIGHLIGHTS

  • Corner income building in Chicago's hot Pilsen neighborhood
  • tenant heated 11 apartments plus 1 store

OVERVIEW

Prime Investment opportunity in Pilsen, Chicago! This turnkey, tenant heated 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!

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$223 USD /SF

CAP RATE

6.57%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1871

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,138 SF

ZONING

RT4, Chicago

APN/PARCEL ID

17-20-323-038-0000

ASK ABOUT THIS PROPERTY

Ron AlvarezCentury 21 UniversalMore Info
773-954-1696

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Ron AlvarezCentury 21 UniversalMore Info
773-954-1696

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.