SVN Chicago Commercial closed the $1.2 million sale of a 7-unit multifamily property at 2935 S. Throop St. in Chicago’s Bridgeport neighborhood. The transaction equates to approximately $171,429 per unit.
Situated on a prominent corner lot just steps from Palmisano Park, the building features long-term tenants, a stabilized rent roll, and numerous recent property updates. The asset also includes a full basement with shared laundry, adding operational convenience for residents and ownership alike.
The property’s location in the highly desirable Bridgeport neighborhood, combined with its stabilized tenancy and strong physical condition, generated notable investor interest during the marketing process.
