Search
Updated Duplex With Parking
For Sale
$574,900

1656 S TROY Street, Chicago, IL 60623

Two renovated residences offer spacious layouts, formal dining rooms, hardwood floors, and modern kitchens with stainless steel appliances.

Property SizeContact for details
Days on Market10

Property Features for 1656 S TROY Street

General Information

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

Additional Details

Public Transit Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,839

Building Details

Year Built 1902
Buildings 1
Listing Agency: Urbanitas Inc.
Listed By: Daniel Covarrubias
Source: Birdrealtysells
Added: Aug 12 Changed: Aug 17 Last Checked: Aug 20 at 2:30PM

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 Urbanitas Inc.

Investment Insights

Based on property information with market context.

This duplex property contains two fully renovated residences, each arranged with 3 bedrooms, a formal living room, and a separate dining room. Restored hardwood flooring runs through the primary living areas, while updated kitchens include granite countertops, extensive cabinetry, and stainless steel appliances. Additional built-in nooks provide flexible space for work, reading, or storage. The building was constructed in 1902 and carries MULTI zoning.

Rear off-street parking accommodates 2 vehicles. The property is positioned along the Ogden bus corridor, with downtown access by bus and a rail station a few blocks away. A local park and hospital are also within walking distance.

Key Highlights

  • Two‑unit duplex with 3 bedrooms in each residence
  • Renovated kitchens with granite countertops, extensive cabinetry, and stainless steel appliances
  • Restored hardwood flooring in the primary living areas

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Accounting Firm (Bike/Boat/Book/etc) Store Acupuncture Nursing Home

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

Location Intelligence

Trade Area within ½ mile

1,799
Businesses Nearby

Demographics for 60623, IL

87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two renovated residences offer spacious layouts, formal dining rooms, hardwood floors, and modern kitchens with stainless steel appliances.
Where is this duplex located?
The property is located at 1656 S TROY Street Chicago, IL.
What is the asking price?
The asking price for this property is $574,900.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms in each residence; Renovated kitchens with granite countertops, extensive cabinetry, and stainless steel appliances; Restored hardwood flooring in the primary living areas
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message