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Brick Duplex with Detached Garage
New
For Sale
$260,000

8040 S Throop St, Chicago, IL 60620

Two spacious units offer a full basement, fenced yard, and flexible occupancy options for an owner-occupant or investor.

Property SizeContact for details
Days on Market3

Property Features for 8040 S Throop St

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 50%

Property Condition

Severity Repairs Needed
Evidence mostly cosmetic

Additional Details

Public Transit Yes
Multifamily Units 2

Amenities

fenced yard
detached garage
full basement

Building Details

Year Built 1913
Buildings 1
Construction solid brick
Listing Agency: T.K. Realty Inc
Listed By: Thomas Bezanes · License #471018395
Source: Highriseschicago
Added: Sep 20 Changed: Sep 21 Last Checked: Sep 21 at 6:40AM

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 T.K. Realty Inc

Investment Insights

Based on property information with market context.

Built in 1913, this brick duplex contains two spacious units with bright living areas, generous room dimensions, and natural light. One unit is currently leased, while the tenant may remain or leave at closing. A full basement adds storage and potential expansion space, and the detached garage and fenced yard provide useful exterior improvements. The roof was recently installed, with remaining work described as primarily cosmetic.

The property is located at 8040 S Throop St in Chicago’s Auburn Gresham area, near parks, schools, public transit, and everyday conveniences. The layout supports continued rental use or an owner-occupant arrangement, with immediate occupancy flexibility tied to the existing tenancy.

Key Highlights

  • Two‑unit brick duplex built in 1913
  • One unit currently rented; tenant may stay or vacate at closing
  • Recently installed roof with primarily cosmetic work remaining

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Dental Office Gym & Fitness Center Cafe & Coffee Shop

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

2
Residential units
50%
Occupancy

Location Intelligence

Trade Area within ½ mile

947
Businesses Nearby

Demographics for 60620, IL

66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Two spacious units offer a full basement, fenced yard, and flexible occupancy options for an owner-occupant or investor.
Where is this duplex located?
The property is located at 8040 S Throop St Chicago, IL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two‑unit brick duplex built in 1913; One unit currently rented; tenant may stay or vacate at closing; Recently installed roof with primarily cosmetic work remaining
More about this property
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