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8305 S Throop St, Chicago, IL, 60620

8beds
4baths
--sqft
$400,000
--price/sqft
$3,134/moest. monthly cost
$125,360/yrincome needed

About This Home

If you know you KNOW, Auburn Gresham is EVOLVING! Owner-Occupant or Investor Opportunity | 4 Unit + 1 more income producing basement unit that has two entrances! Solid brick 4 flat building featuring 9 bedrooms and 5 bathrooms, offering exceptional flexibility and income opportunity. Property is currently tenant-occupied; however, the 1st-floor unit will be delivered vacant at closing, creating the perfect setup for an owner-occupant looking to live in the property while generating rental income. Each unit offers spacious layouts, great natural light, and classic character throughout. The property supports multiple living configurations and strong rental potential. The basement with dual entrances provides additional versatility for extended living space or potential unit expansion! This property has been well-maintained, with recent cleaning and servicing of utilities for peace of mind. The roof is approximately 10 years old, and the property has been appraised at the current list price, reinforcing its market value. Located near public transportation, schools, parks, and neighborhood amenities-making it attractive for both tenants and long-term investment. Sold As-Is, subject to probate proceeding... A rare opportunity to secure a multi-unit with size, flexibility, and income potential-bring your strategy and make it work for you. Please note- not all apartments shown at time of publishing

Getting Around

74
WalkingVery Walkable
60
TransitGood Transit
63
BikeBikeable

Schools

Construction

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Partially Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 5

Heating

  • Heating features: Radiator(s)

Property

Details

  • Parcel number: 20323050020000
  • Special condition: None

Lot

  • Lot size: 4,833 sqft

Parking

  • Total spaces: 2
  • Parking features: Yes,Garage Owned,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2