6501 S Hermitage Avenue
Chicago, IL, 60636
$545,000
Beds
0 Baths
6,200 SqFt
0 Acres
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$545,000
6501 S Hermitage Avenue
Chicago, IL, 60636
MLS #MRD12122804 img 0MLS #MRD12122804 img 1MLS #MRD12122804 img 2MLS #MRD12122804 img 3MLS #MRD12122804 img 4MLS #MRD12122804 img 5MLS #MRD12122804 img 6MLS #MRD12122804 img 7MLS #MRD12122804 img 8MLS #MRD12122804 img 9MLS #MRD12122804 img 10MLS #MRD12122804 img 11MLS #MRD12122804 img 12MLS #MRD12122804 img 13
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

Net Operating Income
$84,565
Tax Year
2023
Taxes
$1,687
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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