8305 S Throop St, Chicago, IL, 60620
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
Very Walkable
Good Transit
BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,022 | $24,264 |
| Home Insurance * | $406 | $4,872 |
| Property Taxes | $576 | $6,912 |
| Electricity | $130 | $1,569 |
| Total | $3,134 | $37,608 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-02 | Listed for sale | $400,000 |
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