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12-Unit Apartment Building
For Sale
$1,899,999

1900 South Throop Street, Chicago, IL 60608

Fully rented property near universities, hospitals, parks, shops, and restaurants.

Property SizeContact for details
Days on Market433

Property Features for 1900 South Throop Street

General Information

Standard status Active
Property subtype Multi Family 5+ / Corridor-Interior Entrance
Zoning MULTI
Occupancy 100%
Net Operating Income $179,195

Additional Details

Multifamily Units 12

Taxes and HOA fees

Annual Taxes $18,626

Building Details

Year Built 1871
Stories 3
Listing Agency: Berkshire Hathaway HomeServices Chicago
Listed By: Tatiana Perry · License #475148340
Source: Compass
Added: Jun 25, 2025 Changed: Aug 30 Last Checked: Aug 30 at 11:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Chicago

Investment Insights

Based on property information with market context.

Built in 1871, this 12-unit apartment property is located at 1900 South Throop Street in Chicago’s Pilsen neighborhood. The building is fully rented, providing an established multifamily configuration for an owner seeking occupied residential units.

The surrounding area includes universities, hospitals, parks, local shops, and restaurants. New construction and condominium conversions are also present nearby, adding to the established neighborhood context. The property is classified for multifamily use under MULTI zoning.

Key Highlights

  • 12‑unit apartment property
  • Fully rented residential asset
  • Built in 1871

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Veterinary Clinic Bed & Breakfast Clothing & Fashion Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,441
Businesses Nearby

Demographics for 60608, IL

75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully rented property near universities, hospitals, parks, shops, and restaurants.
Where is this apartment building located?
The property is located at 1900 South Throop Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,899,999.
What are key features of this property?
This property features: 12‑unit apartment property; Fully rented residential asset; Built in 1871
More about this property
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