Pleased to present the opportunity to purchase 3401 N Troy St, Chicago, IL, a well-maintained and professionally operated multifamily property in the highly desired Avondale neighborhood, known for its top-tier rent. This four-unit corner building sits on an extra-wide lot of 5,208 SF, boasting 1,600 SF of side yard, including a rear finished surface space for additional parking. Recent CapEx investments in the roof (2020) and electrical systems (2019) enhance the property's life and reliability. The property features a mix of one and two-bedroom apartments, all under a month-to-month lease structure with long-standing tenants, offering flexibility for immediate income improvements and potential market rent adjustments. Unit 2F contains its private 9'x9' den/office, with its own private closet/storage room. The unfinished basement has ceiling heights of 7.7 feet, with it's own private entrance from unit 1F which may serve as additional footprint for a duplex-down. Unit 1F consists of 1,350 SF with 12 foot ceilings, and it's own private 19'x8' wooden deck. Additionally, there's a four-car garage and two surface parking spaces bringing in 450.00 dollars extra income per month above the base rent. Apart from the four units, the building includes a finished third story finished space spanning 800 SF, with its own full bathroom, two bedrooms, its own gas and two entrance/exits. Its proximity to the Kennedy Expressway, CTA Blue Line stop, and established national credit tenants like Jewel-Osco, Chase Bank, Huntington Bank, Chick-fil-A, Nissan Auto, Revolution Brewery, and others adds to its higher rent per square foot than others. The oversized lot size not only supports potential expansion or outdoor amenities but also accommodates extra income via extra parking opportunity. This multifamily building promises stable income and growth potential, making it an ideal investment for those seeking a reliable income-producing property in a prime location. Additional Details: Forced air throughout all four units; each unit has its own water tank and furnace; both lots fully gated. Contact listing agent for a complete Offering Memorandum booklet including detailed building information and financials.
Closed
$610,000
3401 N Troy St, Chicago, IL 60618
7beds
--sqft
Multi Family
Built in 1900
-- sqft lot
$610,600 Zestimate®
$--/sqft
$3,572 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 01, 2025 at 09:26am
Listing courtesy of:
Manuel Torrejon-Regalado 312-730-2029,
Keller Williams ONEChicago
Bought with:
Chi Zhang
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12195523

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 5
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Partial
Property
Parking
- Total spaces: 12
- Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Owned, Garage
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Fencing: Fenced
Lot
- Size: 5,323 sqft
- Dimensions: 43 X 123.80
- Features: Corner Lot
Details
- Parcel number: 13243070330000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Services availability

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