2400 Troy St Chicago, IL 60623
- Commercial real estate
- 7,900 SF
Current Use by Public Records
- Commercial real estate
Property Details for 2400 Troy St
- Year built
- 1887
- Property size
- 7,900 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7042228
- Latitude
- 41.8480186
