$643,000 $3,452 est/mo Sourced by Back At You

8157 S Throop Street,Chicago, IL 60620

Chicago IL, 60620

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Description

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.

Details

MLS#11975649
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1918
Days On Site112
Listing Provided ByBlue Door Dave Inc | Tameka McClellon

Features

Story(s)2
Units9
ZoningMULTI

Market Activity 60620

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Listings Checked: 3 minutes ago
StateIL
CountyCook
CityChicago
Zip Code60620
AreaCHI Auburn Gresham
Listing VS Median (in 60620)
Price:
$643,000
low | high
Med:
$239,450
100% of Average
On Site:
112
low | high
Med:
6.000000
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $0 - $0
SqFt: 0 - 0
Nearby Listings Property ImageNearby Listings Details
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Chicago, IL 60620
Listing Updated: May 23, 2024 at 6:09:51 AM PDT