2400 S Troy St Immeuble residentiel 7 lots 1 081 625 € (154 518 €/Lot) Taux de capitalisation 7,40 % Chicago, IL 60623

Kiser Group is pleased to exclusively offer for purchase the sale of 2400 S. Troy, a vintage seven (7) unit walk-up located in Chicago’s Little Village neighborhood. The property sits on a quiet, tree-lined street just three (3) blocks from Kedzie Pink Line Station. Furthermore, the property conveniently sits roughly three (3) blocks from the 26th Street shopping corridor.

2400 S. Troy has a unique layout made up of seven (7) total units consisting of six (6) 3b/1ba units, and one (1) 1b/1ba. All of which, however, are incredibly spacious and atypically large for the area. Units are equipped with hardwood flooring, in-unit furnaces, individual water tanks, as well as open floor plan kitchens equipped with stainless steel
appliances and dishwashers. Additional improvements to the building include: copper plumbing throughout, updated electrical servicing, on-site laundry and garage
parking generating additional income.

2400 S. Troy presents an investor with a rare opportunity to acquire a newly gut-renovated asset, while also embodying numerous value-add components. From day one, new
owner will capitalize on a 7.4% cap rate. Through improved leasing and raising rents to market rate levels, a new owner has the ability to achieve an 8.3% cap rate.