For Sale
$1,897,700

1655 Troy StChicago, IL 60647

Fully Rehabbed, Vacant, Section 8 Approved

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional investment opportunity presents a brand-new, fully rehabbed six-unit apartment building located at 1655 N Troy St, Chicago, IL 60647, in Cook County. The property boasts a desirable RT-4 zoning designation and sits on a 4,448 square foot lot. The three-story building comprises six individual units, all currently vacant and ready for immediate occupancy. Importantly, the building has already passed Section 8 inspection, making it ideally suited for securing government-assisted tenants. This presents a unique advantage for investors seeking a stable and potentially high-yield rental income stream. The asking price for this turnkey property is $1,897,700. The property's APN is 13-36-325-001-0000. With no existing leases, this presents a blank canvas for establishing rental rates and maximizing returns. The property's location in Chicago offers excellent access to amenities and transportation, further enhancing its investment potential. This is a rare chance to acquire a fully renovated multifamily property in a thriving urban market, poised for immediate income generation. Serious inquiries are encouraged.

Highlights

  • Brand-new, fully rehabbed six-unit apartment building in Chicago, IL.
  • Located on a 4,448 sq ft lot with RT-4 zoning.
  • Six vacant units ready for immediate occupancy, Section 8 approved.
  • Asking price: $1,897,700; APN: 13-36-325-001-0000.
  • Turnkey property with no existing leases, offering immediate income potential.

Property Details for 1655 Troy St

Property type
Apartment buildings
Buildings
1
Stories
3
Units
6

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9118231
Longitude
-87.7055357
1655 Troy St, Chicago, Illinois

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1655 Troy St
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