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$1,899,999

  • For Sale
  • Active
  • Commercial
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This unique opportunity presents a 12-unit prime investment property located in Pilsen, Chicago. This turnkey, income-generating asset, is a rare find, as it is fully rented and currently yielding strong cash flow. The property is situated in close proximity to universities, hospitals , parks, local shops, and restaurants. Furthermore, it is surrounded by new construction and condominium conversions, which enhances its appeal as an investment. This presents an ideal armchair investment-providing a hassle-free opportunity in a rapidly developing area.

Full Property Details for 1900 S Throop St

General

  • Price: $1,899,999
  • HOA FEE: $9,300
  • Taxes: $18,625 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12513670
  • Updated: 11/13/2025
  • Added to Site: 70 day(s) ago

Interior

  • Basement: Exterior E

Location

  • Area: CHI - Lower West Side
  • County: Cook
  • Township: South Chicago
  • Driving Directions: Racine West on 19th St., to 1900 S. Throop

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Unit, Space Heaters

Utilities

  • Sewer: Storm Sewer
  • Trash: 2400
  • Onsite: Sewer Connected, Water Available

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Exterior Entry, Other
  • Foundation: Concrete Perimeter
  • Roof: Rubber
  • Stories/Levels: 3
  • Current Bldg. Use: Multi-Family, Other
  • Year Built: 1871
  • Built Before 1978: Yes

Lot Features

  • Lot Dimensions: 40 x 125
  • Frontage: City Street
  • Potential Use: Commercial, Condominium, Retail, Other
  • Zoning: MULTI

Financial Considerations

  • Maint. Fee: $9,300
  • Insurance Fee: $2,400
  • Operating Expenses: $25,980
  • Other Fee: $1,200
  • Assessment Year: 1871
  • Tax Amount: $18,625.81
  • Tax Year: 2023
  • Tenant Pays: Electricity, Heat
  • Pays Electric: 2280
  • Pays Trash: 2400
  • Pays Sewer: Storm Sewer

Disclosures and Reports

  • Documents Avail.: Rent Roll, Tax Bill
  • Property ID: 17203230380000

Listed by Berkshire Hathaway HomeServices Chicago

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— 1900 S Throop St —

  • Berkshire Hathaway HomeServices Chicago

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1900 S Throop St

School District:Chicago Public School District 299
NameGradesDistance
Perez Elementary School
1241 West 19th Street, Chicago, IL 60608
PK-80.1 mi
Juarez Community Academy High School
1450 West Cermak Road, Chicago, IL 60608
9-120.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1900 S Throop St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/07/2025
Listed
$1,899,999
424.14%
MLS
10/22/2008
Sold
$362,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1900 S Throop St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$18,676
3%
$88,515
—
2022
$18,206
2%
$88,515
—
2021
$17,800
72%
$88,515
91%
2020
$10,324
11%
$46,346
—
2019
$9,311
2%
$46,346
—
2018
$9,155
7%
$46,346
17%
2017
$8,560
7%
$39,762
—
2016
$7,964
9%
$39,762
—
2015
$7,286
—
$39,762
2%
2014
$7,264
2%
$39,150
—
2013
$7,120
6%
$39,150
4%
2012
$6,741
—
$37,564
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Berkshire Hathaway HomeServices Chicago

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1900 S Throop Street, Chicago, IL 60608 (MLS# 12513670) is a Commercial property. 1900 S Throop Street is currently listed for $1,899,999 and was received on November 07, 2025. Want to learn more about 1900 S Throop Street? Do you have questions about finding other Commercial real estate for sale in Lower West Side? You can browse all Lower West Side real estate or contact a Coldwell Banker agent to request more information.

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