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Multifamily

7800 South Throop Street

7800 S Throop St, Chicago, IL 60620

Listing Price: $530,000

Cap Rate
7.68%
Number of Units
10
Occupancy
94.0%
Price/Unit
$53,000
Price/Gross SF
$63.10
Gross SF
8,400

Investment Overview

Marcus & Millichap is pleased to present 7800 South Throop Street, located in the Englewood neighborhood of Chicago, Illinois. The offering consists of six one-bedroom and four two-bedroom apartments. The spacious, rent ready and well-maintained units feature hardwood flooring throughout as well as vintage kitchens and bathrooms, calling for a strong value-add opportunity to update units cosmetically and raise rents to market value. This property has ample off-street parking.

Investment Highlights

  • Strong Value-Add Opportunity For Significant Rent Growth
  • New Boiler and Water Heater Installed In 2018
  • Income Producing Laundry On-Site

Exclusively Listed By

Financing By

Multifamily

7800 South Throop Street

Listing Price: $530,000

Cap Rate
7.68%
Number of Units
10
Occupancy
94.0%
Price/Unit
$53,000
Price/Gross SF
$63.10
Gross SF
8,400

Investment Highlights

  • Strong Value-Add Opportunity For Significant Rent Growth
  • New Boiler and Water Heater Installed In 2018
  • Income Producing Laundry On-Site

Investment Overview

Marcus & Millichap is pleased to present 7800 South Throop Street, located in the Englewood neighborhood of Chicago, Illinois. The offering consists of six one-bedroom and four two-bedroom apartments. The spacious, rent ready and well-maintained units feature hardwood flooring throughout as well as vintage kitchens and bathrooms, calling for a strong value-add opportunity to update units cosmetically and raise rents to market value. This property has ample off-street parking.

Exclusively Listed By

Financing By

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