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Image 1 - 8155-8157 South Throop Street, Chicago, IL 60643, USA - House for sale
Image 2 - 8155-8157 South Throop Street, Chicago, IL 60643, USA - House for sale
Image 3 - 8155-8157 South Throop Street, Chicago, IL 60643, USA - House for sale
Image 4 - 8155-8157 South Throop Street, Chicago, IL 60643, USA - House for sale
Image 5 - 8155-8157 South Throop Street, Chicago, IL 60643, USA - House for sale
Image 6 - 8155-8157 South Throop Street, Chicago, IL 60643, USA - House for sale
Image 7 - 8155-8157 South Throop Street, Chicago, IL 60643, USA - House for sale
Image 8 - 8155-8157 South Throop Street, Chicago, IL 60643, USA - House for sale
Image 9 - 8155-8157 South Throop Street, Chicago, IL 60643, USA - House for sale
Home For Sale In Chicago, Illinois
8155-8157 South Throop Street, Chicago, IL 60643, USA

Home For Sale In Chicago, Illinois

house for sale
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Listed: 02/11/24

8155-8157 South Throop Street, Chicago, IL 60643, USA

Studio Bed:
2 Bath:
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Price
$ 671,000

About This House

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 7.5% cap rate. However, solely by raising the rents there is an opportunity to achieve a much higher cap rate.

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South Englewood Housing & Living

Household Income

Median household income: $57,238
Number of households: 1,1M
The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.