Solid brick 2-unit building situated on an oversized lot, offering immediate income with exceptional long-term upside. Professionally managed and well cared for by a long-time owner, this is a true value-add opportunity in a classic Chicago multi-unit. The second-floor unit features 3 bedrooms and is leased through February 2027 to a long-time tenant, providing stable income from day one. The first-floor unit is currently month-to-month, offering flexibility for future repositioning. Both units are currently below market rent, presenting significant opportunity for rental growth. A 2-car garage adds additional income potential and convenience. Strong bones, solid construction, and tremendous upside – ideal for investors looking to step into a stabilized asset with room to increase returns. This one will not last.
Property Details
Price:
$865,000
MLS #:
MRD12575652
Status:
Active
Beds:
6
Baths:
3
Type:
Multi Family
Neighborhood:
chialbanypark
Listed Date:
Feb 25, 2026
Year Built:
1915
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Architectural Style
Traditional
Community Features
Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Garage Spaces
2
Parking Features
Garage Door Opener, Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Patio And Porch Features
Patio
Roof
Tar/Gravel, Flat
Financial
Tax Year
2024
Taxes
$12,256
Listing Agent & Office
Tanya Orndorff
Equity Partners Real Estate, LLC
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Copyright 2026. All rights reserved.
4519 N TROY Street
Chicago, IL


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