$545,000
6501 S Hermitage Avenue
Chicago, IL, 60636
This newly renovated (2021) 6 unit mixed use building has a very favorable unit mix featuring three 3 bed 2 bath units, two 2 bed 1 bath units and one commercial space with a full bath with near market rents in all units except 1. While there’s some upside potential on income, this property is an easy armchair addition to your portfolio with positive cashflow and very little to no deferred maintenance. With one unit vacant – the property is easy to show as initial showings will be of the vacant unit and common areas. This property is eligible for several financing options for well qualified buyers – please inquire with listing agent if you’re seeking a resource to fund this deal.
Property Details
Price:
$545,000
MLS #:
MRD12122804
Status:
Active
Beds:
0
Baths:
0
Address:
6501 S Hermitage Avenue
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
CHI – West Englewood
City:
Chicago
Listed Date:
Aug 9, 2024
State:
IL
Finished Sq Ft:
6,200
Total Sq Ft:
6,200
ZIP:
60636
Year Built:
1911
Schools
Interior
Cooling
Window Unit(s)
Exterior
Construction Materials
Brick
Financial
Tax Year
2023
Taxes
$1,687
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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6501 S Hermitage Avenue
Chicago, IL
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