Essex Realty Group, Inc. has been exclusively engaged to market for sale 2000 S Throop Street, a seven (7) unit multi-family property located in Chicago’s popular Pilsen Neighborhood. The building consists of (2) 1Bd/1Ba, (2) 2Bd/1Ba, (1) 2Bd/1.5Ba, (1)2Bd/2Ba, and (1) 3Bd/2Ba units.
The building features (7) recently rehabbed apartments all featuring individual HVAC, hardwood flooring, and in-unit laundry. Capital improvements include newer electric, plumbing, a newer roof, and a recently added basement 1Bd/1Ba unit.
Investors have the opportunity to acquire a corner brick multi-family property with recent capital improvements and value add opportunities in a highly desirable location in Pilsen.
Pilsen is a culturally rich neighborhood situated roughly 3.5 miles southwest of Chicago’s Loop. The neighborhood of Pilsen features a
diverse population mix including families, creative professionals, business professionals, medical students, and grad students. 18th Street is
a bustling retail corridor that is home to many local cafes, coffee shops, bodegas, and restaurants. While Pilsen has a strong cultural
presence filled with many local restaurants, several Chicago restaurant chains as well as critically acclaimed new chefs have opened up
restaurants in recent years.
The property is also situated approx. less than a mile from Thalia Hall, a historic landmark and neighborhood cultural arts and events center
as well as a concert hall. Thalia Hall is a prime example of the ever-growing art community that Pilsen is.
Not only are residents extremely close to downtown Chicago but they are also just west of McCormick Place, the largest convention center
in North America. The property’s convenient location makes commuting around the city quite easy. The Subject Property is five blocks
from the 18th Pink Line L Station, seven blocks from the Western Avenue Metra Station, and in proximity to numerous bus stops.
- Seven-Unit Multi-Family Property in Pilsen Neighborhood
- Recently Rehabbed Units with Individual HVAC, Hardwood Floors, and In-Unit Laundry
- Recent Capital Improvements Include a Newer Roof, Electric, and Plumbing
- New Basement Unit Added For Additional Income
- Walking Distance to 18th Pink Line L Station and Western Avenue Metra Station