2826 S Throop Street, Chicago, IL

About 2826 S Throop Street

Built in 1960, this 1.5-story brick bungalow offering brick and steel beam structural design, has flexible expansion potential, and value in today's market. This property currently represents the single lowest-priced option currently available in its age bracket. Furthermore, it is competitively priced below all 32 similar to more-modern properties that have sold in the area over the last 12 months. Whether you are a first-time homebuyer, an investor seeking an asset with significant upside potential, or a buyer looking for a solid long-term investment on a property with the potential of an entry-level price tag. Also part of the modern construction, the home offers open, and practical bedroom sizes as opposed to the older homes of the area. The Brick and Beam construction also gives you the option to go up and there is plenty of room to refinish the basement as the structural groundwork is already in place. You have the ultimate canvas to scale your living space as your needs evolve over time. The owner has also maintained the property with major capital system upgrades, such as a newer Furnace and AC Unit (5 years old, new roof (10 years old) and new gutter system (3 years old). The owner has updated some of the mechanicals but will leave the remainder of the house up to the new buyers to customize it as they see fit. The house is being sold AS-IS, and enjoys CTA Bus access within a few hundred feet of the house, the orange line is a few blocks from the house (both for easy access to downtown Chicago), and Highway access is nearby as well. The seller is motivated and will consider all written offers. Schedule your showing today!

Listing Map