6601 S Troy St

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Exceptional Investment Opportunity in the heart of Chicago Lawn. This solid brick multi-family building offers 10 spacious units plus full unfinished basement. Property consist of 8-1 Bedroom units, 1-2 Bedroom unit, 1 Studio unit. 9 units has radiator heat. 1 unit has individual heat. New tear off roof in 2020. Newer boiler in 2024. Most units were updated in the last 5 years. Outside, enjoy a large backyard with a parking pad, perfect for added tenant value. With strong rental demand in the area...Exceptional Investment Opportunity in the heart of Chicago Lawn. This solid brick multi-family building offers 10 spacious units plus full unfinished basement. Property consist of 8-1 Bedroom units, 1-2 Bedroom unit, 1 Studio unit. 9 units has radiator heat. 1 unit has individual heat. New tear off roof in 2020. Newer boiler in 2024. Most units were updated in the last 5 years. Outside, enjoy a large backyard with a parking pad, perfect for added tenant value. With strong rental demand in the area and upside in rents, this is a must see for any investor. Prime location just minutes from public transportation, school, shopping, and Marquette Park. Property will be sold "as is".
  1. Listed by Jimmy Li • Chi Real Estate Group LLC
    P: (312)-404-5960 brokerjimmyli@gmail.com

Sold By Su Familia Real Estate Inc

Property Details for 6601 South Troy Street

Area
CHI - Chicago Lawn
Township
Lake
Air Conditioning Type
None
Zoning
MULTI
LISTING UPDATED: 09/15/2025 10:12 PM

Property Details for 6601 South Troy Street

StatusClosed
MLS #12401475
Days on Market31
Taxes$10,105 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Exterior Entrance
Year Built1925
Lot Size0.14 AC / 6,250 SF
CountyCook County
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Building Information for 6601 South Troy Street

Stories2Residences10Year Built1925Building Size-Lot Size0.14 AC / 6,250 SF

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$4,480 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,638

Property Taxes

$842

HOA Dues

$0

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Property Information for 6601 South Troy Street

General Information
Location and General Information
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Basement Type: Unfinished
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • # Of Washers: 0
  • Heat/Ventilation: Central Heat/Indiv Controls,Radiators,Steam
  • # Of Refrigerators: 10
  • # Of Dryers: 0
  • # Of Dishwashers: 0
  • Num of Baths: 10.0
Exterior Features
  • Misc Outside: Courtyard
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Exterior Entrance,Courtyard
  • Lot Dimensions: 50 X 125
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Membrane
  • Roof Structure: Flat
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • # Of Ranges: 10
  • Conversion: N
  • MRD_UNC: No
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 0
  • Photos Count: 5
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family
  • Location: Corner
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 10
Income & Expenses
  • Electric Expense: $720.00
  • Fuel Expense: $6,000.00
  • Gross Income: $8,310.00
  • Gross Scheduled Income: $99,720.00
  • Insurance Expense: $6,600.00
  • Maintenance Expense: $5,000.00
  • Total Annual Expense Source: Owner Projection
  • Janitor Expense: 0
  • Total Monthly Income: 8310
  • Net Operating Income: $63,396.00
  • Operating Expense: $22,000.00
  • Other Expense: $.00
  • Trash Expense: $2,400.00
  • Water Sewer Expense: $5,500.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 8
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 6601 South Troy Street

DateEvent & SourcePriceAppreciation
Sep 15, 2025

Sold

MRED #12401475

$730,000
Jul 23, 2025

Pending

MRED #12401475

Jul 23, 2025

Contingent

MRED #12401475

DateEvent & SourcePrice
09/15/2025

Sold

MRED #12401475

$730,000
07/23/2025

Pending

MRED #12401475

07/23/2025

Contingent

MRED #12401475

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 6601 South Troy Street

Taxable ValueLand$6,563Additions$60,638Total$67,201
Tax Record2023$10,105 ($842 / month)
Home Facts
Stories2Lot Size6,250 SqFtStyleMulti-Family Res (5+ Units)Year Built1925CountyCOOKAPN19-24-125-001

Schools near 6601 South Troy Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Charter - K to 12
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Catalyst Maria Charter School
CharterK to 12

Gage Park High School
Public9 to 12

Excel Academy - Southwest HS
Public9 to 12

Ombudsman Chicago South
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Chi Real Estate Group LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 09/15/2025 10:12 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.