$665,000
8157 S Throop Street
Chicago, IL, 60620
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.
Property Details
Price:
$665,000
MLS #:
MRD11975649
Status:
Active
Beds:
0
Baths:
0
Address:
8157 S Throop Street
Type:
Commercial
City:
Chicago
Listed Date:
Feb 6, 2024
State:
IL
ZIP:
60620
Year Built:
1918
Schools
Interior
Cooling
None
Exterior
Financial
Buyer Agent Compensation
2%Net Sale Price
Tax Year
2022
Taxes
$8,500
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
More About DebraMortgage Calculator
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