2400 Troy StChicago, IL 60623

For Sale
$1,300,000

Seven-unit multifamily, gut renovated, Chicago.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional seven-unit apartment building, located at 2400 S Troy St in Chicago's vibrant Little Village neighborhood (zip code 60623), presents a compelling investment opportunity. Built in 1887 and boasting a total of 7,900 square feet, the property has undergone a complete gut renovation, ensuring modern comfort and efficiency. The building comprises six three-bedroom, two-bathroom units and one one-bedroom, one-bathroom unit, catering to a diverse range of tenants. Significant upgrades include new copper plumbing and updated electrical systems throughout. Each unit benefits from its own individual furnace and water tank, providing residents with independent climate control and minimizing potential maintenance issues. Further enhancing the property's appeal are the convenient onsite laundry facilities and garage parking, valuable amenities highly sought after in the competitive rental market. The asking price for this meticulously renovated multifamily asset is $1,300,000. This property offers a strong potential for consistent rental income and long-term appreciation in a rapidly developing area of Chicago. Its location in Cook County, Illinois, provides easy access to major transportation routes and local amenities.

Highlights

  • Gut-renovated 7-unit multifamily building in Chicago's Little Village neighborhood.
  • Seven units: six 3-bedroom/2-bathroom and one 1-bedroom/1-bathroom.
  • New copper plumbing and updated electrical systems.
  • Individual furnaces and water heaters in each unit.
  • On-site laundry and garage parking.

Property Details for 2400 Troy St

Property type
Multifamily properties, Apartment buildings
Square Feet
7,900 SF
Year Built
1887
Units
7

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.8480186
Longitude
-87.7042228
2400 Troy St, Chicago, Illinois
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2400 Troy St
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