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Legal 3-Flat with Parking
For Sale
$750,000

745 N Throop Street, Chicago, IL 60642

Meticulously maintained 3-flat with two upper units and a bright garden unit, plus rear parking and coin-operated laundry.

Property SizeContact for details
Days on Market35

Property Features for 745 N Throop Street

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income
Zoning MULTI

Additional Details

Highway Access Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $14,335

Amenities

central air conditioning
coin-operated laundry
storage space

Building Details

Year Built 1889
Tenancy Multi
Listing Agency: Redfin Corporation
Listed By: Nicholaos Voutsinas · License #475159497
Source: Birdrealtysells
Added: Jul 20 Changed: Aug 23 Last Checked: Aug 5 at 12:27PM

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 Redfin Corporation

Investment Insights

Based on property information with market context.

A meticulously maintained legal 3-flat offering flexible living configurations across three units. The two upper units feature central air conditioning and adaptable layouts, including either 3 bedrooms and 1 bath or 2 bedrooms plus a den/dining room with 1 bath. The bright garden apartment has a 2-bedroom, 1-bath layout with high ceiling height and includes abundant garden-level storage. Currently vacant, the garden unit has historically been easy to lease, supporting either immediate income or owner-occupant flexibility.

The property sits on a quiet, tree-lined street and is located just steps from Eckhart Park. Convenient area access includes popular dining, shopping, and entertainment along Chicago, Ogden, and Milwaukee Avenues. Commuting is supported by easy access to I-90/94 and proximity to the CTA Blue Line, reported as two blocks away.

Additional building features include coin-operated laundry and rear parking for two vehicles.

Key Highlights

  • Legal 3‑flat built in 1889 with two upper units plus a bright garden apartment
  • Two upper units offer flexible layouts: either 3BR/1BA or 2BR plus den/dining with 1BA
  • Central air conditioning in the upper units and oversized walk‑in closets in the primary bedrooms

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Adult Day Care Clothing & Fashion Store Tanning Salon Pet Grooming 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

3
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,477
Businesses Nearby

Demographics for 60642, IL

21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Meticulously maintained 3-flat with two upper units and a bright garden unit, plus rear parking and coin-operated laundry.
Where is this triplex located?
The property is located at 745 N Throop Street Chicago, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Legal 3‑flat built in 1889 with two upper units plus a bright garden apartment; Two upper units offer flexible layouts: either 3BR/1BA or 2BR plus den/dining with 1BA; Central air conditioning in the upper units and oversized walk‑in closets in the primary bedrooms
More about this property
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