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3450 N Troy St

5 Unit Block of Flats £1,723,055 (£344,611/Unit) 7% Net Initial Yield Chicago, IL 60618

Investment Highlights

  • Fully Gut Renovated
  • Diverse Unit Mix from One to Four Bedrooms
  • Individual Mechanicals
  • Four On-Site Parking Spaces

Executive Summary

Kiser Group is pleased to offer 3450 N Troy for sale in an exclusive listing. Gut renovated in 2023, the property offers an investor the opportunity to acquire a cash flowing and modernized asset in one of Chicago's fastest appreciating markets.

Property Facts

Price £1,723,055
Price Per Unit £344,611
Sale Type Investment
Net Initial Yield 7%
Gross Rent Multiplier 11.08
No. Units 5
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.13 AC
Building Size 5,800 SF
Number of Floors 3
Year Built/Renovated 1915/2023
Parking Ratio 0.69/1,000 SF

Unit Amenities

  • Dishwasher
  • Washer/Dryer
  • Granite Countertops
  • Stainless Steel Appliances

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
4+3 1 - -
1+1 1 - -
3+2 1 - -
2+2 1 - -
2+1 1 - -
Walk Score ®
Very Walkable (89)
Bike Score ®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-24-306-043-0000
Land Assessment
£21,901
Improvements Assessment
£26,506
Total Assessment
£48,407

zoning

Zoning Code RS-3 (Residential Single-Unit District. Detached single family homes and two-flats.)
RS-3 (Residential Single-Unit District. Detached single family homes and two-flats.)
  • Listing ID: 33564758

  • Date on Market: 18/10/2024

  • Last Updated:

  • Address: 3450 N Troy St, Chicago, IL 60618

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