4519 North Troy, Chicago IL 60625
$865,000

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Property Description

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.

Features & Information

Key Details

  • List Price $865,000
  • Property Taxes $12,256.01
  • Price/ Sq. Ft. Unavailable
  • Year Built 1915
  • Parking Type Garage
  • Status Active

Rooms

  • Total Rooms 12
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  2
  • # of Garage Spaces:  Garage Door Opener(s),Transmitter(s)

Building Information

  • Number of Units 2
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Foundation Brick,Concrete
  • Heating & Cooling Gas
  • Units

  • Unit 1 Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Garage/Space, Hardwood Floors
  • Unit 2 Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Garage/Space, Hardwood Floors

Location

  • County Cook
  • Township Jefferson
  • Corporate Limits Chicago
  • Directions to Property Wilson To Troy One Way South To Property
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 12256.01
  • Tax Year 2024
  • Tax Exemptions None
  • Parcel Identification Number 13131180150000

Utilities

  • Sewer Sewer-Publ

Listed by: Equity Partners Real Estate, LLC | Phone: 773.679.7278
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 3/15/2026 8:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Albany Park

Steeped in a rich tradition of ethnic diversity, Albany Park is a northwest side bastion of unique grocery stores, restaurants and shopping, all nestled within a multicultural community. Residents from Korean, Mexican, Middle Eastern and former Yugoslavian descent bring their influences to one of Chicago's liveliest neighborhoods. In fact, Albany Park holds one of the highest ratios of foreign-born residents in the city, which is reflected in the local fare and youth theater projects. Area teenagers and young adults band together to form a multicultural, ensemble group that embraces today's issues and shares the stories of modern-day immigrants and working-class Chicagoans. Enjoy the international tastes of this diverse neighborhood year round, but when August arrives, get ready to join the fun at the annual Albany Park Summer Fest.

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