2017 S Throop St Chicago, IL 60608
Pilsen NeighborhoodEstimated payment $19,501/month
Total Views
25,952
15
Beds
15
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
Introducing an exceptional investment opportunity in the vibrant neighborhood of Pilsen! This brand new, gut-rehabbed multifamily building boasts 15 stylish units, offering the perfect blend of modern luxury and urban convenience. With a 7.51% capitalization rate, this property presents an irresistible chance for savvy investors to maximize their returns in a rapidly growing market. Located in the heart of Pilsen, one of the hottest areas in town, this multifamily building benefits from an incredibly desirable location. Pilsen is renowned for its vibrant arts scene, trendy boutiques, popular restaurants, and lively entertainment options, making it a sought-after destination for residents and visitors alike. In addition to its superb location, this multifamily building has been meticulously renovated from top to bottom, ensuring low maintenance and minimal vacancy rates.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,908
Year Built
- Built in 1950
Bedrooms and Bathrooms
- 15 Bedrooms
- 15 Bathrooms
Additional Features
- 4-Story Property
- Lot Dimensions are 125x25
- Central Heating and Cooling System
Community Details
Overview
- 15 Units
Building Details
- Electric Expense $660
- Fuel Expense $1,381
- Insurance Expense $3,389
- Trash Expense $912
- Water Sewer Expense $5,500
- Operating Expense $31,800
- Gross Income $270,600
- Net Operating Income $225,321
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2024 08/26/24 | Price Changed | $3,300,000 | +10.9% | -- |
| 05/20/2024 05/20/24 | For Sale | $2,975,000 | +197.5% | -- |
| 08/17/2021 08/17/21 | Sold | $1,000,000 | 0.0% | $196 / Sq Ft |
| 06/07/2021 06/07/21 | Pending | -- | -- | -- |
| 05/20/2021 05/20/21 | For Sale | $1,000,000 | -- | $196 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Similar Home in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12060929
APN: 17203250070000
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