2017 South Throop, Chicago IL 60608
$2,975,000

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Property Description

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.

Features & Information

Key Details

  • List Price $2,975,000
  • Property Taxes $19,907.90
  • Price/ Sq. Ft. Unavailable
  • Year Built 1950
  • Buyer's Agent Commission 2%
  • Status Active

Building Information

  • Age of Building Older
  • Heating & Cooling Central Heat/Indiv Controls

Location

  • County Cook
  • Directions to Property North Of Cermak, East Of Loomis, West Of Racine And South Of Cullerton
  • Property Taxes

  • Tax 19907.9
  • Parcel Identification Number 17203250070000

Listed by Jacob Elgazar for First Western Properties | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 6/18/2024 7:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Pilsen

A vibrant neighborhood situated on the city’s Lower West Side, Pilsen is one of Chicago’s oldest communities. Weathered stone castles, colorful turrets, and ornamental accents harken back to the area’s Bohemian roots. Building on its working-class roots, Pilsen has become a destination for the arts in Chicago—striking murals and vivid mosaics can be found throughout the neighborhood. Pilsen is home to a variety of galleries and museums, such as the National Museum of Mexican Art, one of the most prominent institutions for Mexican art and culture in the United States. Multi-generational mom and pop shops sit side-by-side some of the city’s finest dining. From off the beaten track locales to hip eateries, Pilsen offers a wide variety ideal for all. Vintage shops, independent cafes, and offbeat markets add to the neighborhood’s charm.

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