3846 N Troy Street
Chicago, IL 60618

Status: Sold
Multi Family
4 beds
0 baths
0 sq.ft
Listing Price: $475,000

About this home

WANTED: "Live in Investor." Own this Classic Chicago two flat with 3.5% Down! Unit #1 features a "Fresh" 2023 Makeover with NEW refurbished hardwood floors! BRAND NEW Kitchen: featuring white cabinets, Quartz counters and stainless appliances. Great floor plan for this two-bedroom, one bath "condo quality" apartment with living room, dining room, sunroom, walk in pantry and massive back yard with room for a garden, play set, pets and more! Unit #2 was remolded in 2016 and features two bedrooms and one bath. BONUS: Garden unit with one bedroom and one bath provide extra income. Updated laundry facilities with washer & dryer for the entire building. Rents are under market value. Potential to collect $2, 000 gross rent per month as live in investor or $3, 600 gross rent per month as a landlord. Conveniently located near all the great restaurants, shops and pubs on and near Irving Park, North Center, and Lincoln Square. Walk to Irving Park/Kedzie CTA Brown Line or take the CTA Bus to Irving Park Metra and CTA Blue Line. Three parks to choose from! Walk, bike or run to Horner Park, Independence Park and Paul Revere Park. Ice skate at McFetridge Sports Center. Located across the street from Cleveland Elementary and close to academic powerhouse Lane Tech & DePaul College Prep. This is the perfect "turnkey" opportunity to start your "Monopoly" in Chicago Real Estate! This is easy living in the Big City!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1903
Exterior Building Type Vinyl Siding
Exterior Property Features Patio
Parking None
Rehab Year 2023
MRD Virtual Tour Image360+realtor
Virtual Tour Date 11/10/2023 10:53 pm
School / Neighborhood, Utilities, Financing, Location Details
Alternative High Sch Lane Technical High School
Area Major CHI - Irving Park
Corporate Limits Chicago
Directions Irving Park to Troy Street. South to the property. Parking available on the street.
Elementary School Cleveland Elementary School
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Schurz High School
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle School Cleveland Elementary School
Jr High/Middle Dist 299
Township Jefferson
Interior Features
Basement Description None
Basement Bathrooms No
Basement None
Bedrooms Count 4
Bedrooms Possible 4
Baths Count 2
Full Baths in Building Count 2
Total Rooms 12
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1600
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date VACAN
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1100
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date 11/23
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 2
Property / Lot Details
Lot Dimensions 35 X 125
Lot Size Oversized Chicago Lot
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

ElectricExpense 176
Electric Expense Source Actual
Financing Conventional
Other Expenses 2 80
Gross Rental Income $40,800
Insurance Expense $75
Insurance Expense Source Actual
ManagerExpense 183
Manager Expense Source AC
Net Oper Income $24,809
Other Expense Source Actual
MaintenanceExpense 100
Rental Income 40800
Investment Profile Residential Income
Water Expense $106

Tax/Assessments/Liens

PIN 13241080220000
Special Assessments N
Taxes $5,215
Tax Exemptions None
Tax Year 2022
$475,000 Listing Price:
MLS # 11925807
Investment Profile Residential Income
Listing Market Time 42 days
Basement None
Type Unit 2 Flat
Number of Units in Building 2
Parking None
List Date 11/10/2023
Year Built 1903
Request Info
By pressing Request Info, you agree that ILFLS and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. Message/data rates may apply. You also agree to our Terms of Service.
Price history
Loading price history...