8157 South Throop StreetChicago, IL 60620Price: $670,000

  • Price: $670,000
  • 14 Days on Market
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Federal 30-year interest rate: 6.77% last updated on Feb 15, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1918Year Built

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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.

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Listed by Tameka McClellon of Blue Door Dave Inc

Based on information submitted to MRED  as of February 20, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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