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$ 173,500
Est. payment /mo
New
7002 S Throop ST Chicago, IL 60636
5 Beds
2 Baths
0.75 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12586013
Bedrooms 5
Year Built 1896
Annual Tax Amount $1,482
Tax Year 2024
Lot Size 0.750 Acres
Lot Dimensions 3125
Property Sub-Type Two to Four Units
Property Description
Calling all savvy and experience investors! This classic brick 2-flat presents an outstanding opportunity to add a high-potential asset to your portfolio. Situated on a desirable corner lot, this property offers the kind of space, structure, and flexibility that experienced investors look for when seeking strong long-term returns. Each unit provides the layout and footprint ideal for generating reliable rental income, while the solid brick construction offers durability and long-term value. First floor needs a full rehab. With the right updates or strategic management, this property has excellent potential for cash flow and appreciation. Outside, the advantages continue. The expansive yard and fully fenced lot create added tenant appeal and usable outdoor space, while the 2-car garage provides additional rental value and convenience. The corner positioning also enhances curb appeal, accessibility, and future possibilities. Whether you're expanding an established portfolio or securing your next income-producing asset. Check the numbers, ARV can be what you are looking for.
Location
State IL
County Cook
Area Chi - West Englewood
Rooms
Basement Crawl Space, Walk-Out Access
Interior
Heating Radiator(s)
Fireplace N
Exterior
Garage Spaces 2.0
Community Features Sidewalks, Street Lights, Street Paved
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Erica Johnson of 3G Realty Group
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