Property Overview

2814 N. Troy St. is a front-to-back 6-Flat located in the highly sought after neighborhood of Logan Square on Chicago's near west side. The property was recently gut-rehabbed and provides a fairly immaculate building envelope to the next operator. The building is comprised of well laid out 1Bdr and 2Bdr units which all boast new hardwood floors, kitchens with quartz countertops, stainless steel appliances, brand new cabinetry, and bathrooms that have new tile, showers, and hardware. The building has brand new windows, roof, all copper plumbing, and recent tuckpointing. Each unit has individual HVAC units to control heat/air and in-unit laundry. There is an unfinished basement that runs the length of the building that provides storage lockers for the tenants, but could be utilized differently as desired. There is a rear backyard that was previously parking for 2-3 cars. Currently, street parking is available. 

Key Details

Asking price
$1,725,000
Number of Units
6
Lot Size
3,750 SF
Building Size
3,410 SF
Cap Rate
5.61%
Year Built
1906