No Photos
Image 1 - 8157 S Throop St, Chicago, Illinois, 60620 - House for sale
Image 2 - 8157 S Throop St, Chicago, Illinois, 60620 - House for sale
Image 3 - 8157 S Throop St, Chicago, Illinois, 60620 - House for sale
Image 4 - 8157 S Throop St, Chicago, Illinois, 60620 - House for sale
Image 5 - 8157 S Throop St, Chicago, Illinois, 60620 - House for sale
Image 6 - 8157 S Throop St, Chicago, Illinois, 60620 - House for sale
Image 7 - 8157 S Throop St, Chicago, Illinois, 60620 - House for sale
Image 8 - 8157 S Throop St, Chicago, Illinois, 60620 - House for sale
Image 9 - 8157 S Throop St, Chicago, Illinois, 60620 - House for sale
Home For Sale In Chicago, Illinois
8157 S Throop St, Chicago, Illinois, 60620

Home For Sale In Chicago, Illinois

house for sale
Listed: 06/13/24

8157 S Throop St, Chicago, Illinois, 60620

Studio Bed:
2 Bath:
Save
Price
$ 635,000

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 8% cap rate. However, solely by raising the rents there is an opportunity to achieve a much higher cap rate.

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Similar Houses for Sale Nearby

$569,000

Studio
6

$569,000

Available: Right Now

Listed: 01/07/2024

8007 S Carpenter St, Chicago, Illinois, 60620

House
Studio
6

Stately 6 unit brick building in the hot Auburn Gresham neighborhood. Spacious and bright units with formal dining and living room areas. 6-2 bedrooms with a bonus enclosed porch rooms with closets. Large basement for storage, laundry or possible ext...

$650,000

Studio
3

$650,000

Available: Right Now

Listed: 25/06/2024

1360 W 78th St, Chicago, Illinois, 60620

House
Studio
3

-Highly Desirable Unit Mix: 2, 3,and 4 Bedroom units -Gut renovated in 2016 with condo quality finishes -Newer plumbing and electric -Individual furnaces in every unit -Updated wood flooring and ceramic tile throughout...

$680,000

Studio
6

$680,000

Available: Right Now

Listed: 27/06/2024

7152 S Emerald Ave, Chicago, Illinois, 60621

House
Studio
6

TURNKEYLarge 6 unit apartment building for sale. This is a NEWLY renovated property with numerous updates throughout including new kitchens, updated bathrooms, updated roof, refinished hardwood flooring, new lights, newly built out laundry room and m...

$525,000

Studio
1

$525,000

Available: Right Now

Listed: 27/06/2024

9436 S Laflin St, Chicago, Illinois, 60620

House
Studio
1

This income-producing property in Washington Heights is a dream come true for investors seeking a stable and profitable addition to their portfolio! This beautifully maintained 6-unit building boasts spacious 2-bedroom, 1-bathroom apartments, each fe...

$700,000

Studio
2

$700,000

Available: Right Now

Listed: 29/06/2024

7250 S Yale Ave, Chicago, Illinois, 60621

House
Studio
2

7250 S Yale Ave is conveniently located in the Greater Grand Crossing neighborhood of Chicago's South Side. Only 2 blocks east of beautiful Hamilton Park and just 2 blocks west of the entrance and exit ramps to I-94, which is the main north-south Exp...

$745,000

Studio
5

$745,000

Available: Right Now

Listed: 01/07/2024

7157 S Eberhart Ave, Chicago, Illinois, 60619

House
Studio
5

9.7% In-Place Cap Rate with potential to increase current below market rents. Gross Income$82.464.All brick 8 unit in Grand Crossing neighborhood. Less than block away from the 71st and Eberhart bus stop, blocks away from Chicago's 69th train stop, t...

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.