SoldJul 25, 2017

Listed by John Munson from Anchor Realty Group, Inc

Bought with Pat Murray

1125 S Troy St, Chicago, IL, 60612

$265,000

4
3129 sq. ft.
3049 sq. ft.

MultiFam

•

Sold: Jul 25, 2017

What's around 1125 S Troy St

About this property

Vintage Greystone. Classic west-side 3 units in front, 3 stacked in back. All 6 apartments updated with electrical, plumbing and furnaces in 2003. Front 3 units upgraded to condo-quality in 2007. Since then, building has been well-maintained. Three long-term tenants in rear can have rent increased. Desirable location for tenants: a block from Douglas Park, shopping at Lawndale Plaza, buses on Roosevelt. Near Manley HS and DRW College Prep. Building is ripe for improved cash-flow to buyer. Principal paid on assumable mortgages exceeds interest costs by $700 monthly...and growing. Other good upside is North Lawndale neighborhood has increased property values on three sides.

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