814 N HERMITAGE Avenue
Chicago, IL, 60622
$1,000,000
11 Beds
4 Baths
SqFt
0 Acres
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$1,000,000
814 N HERMITAGE Avenue
Chicago, IL, 60622
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Own a piece of Chicago history with this stately greystone in a delightful East Village location! Fantastic investment opportunity with 3 units in the front building and 1 story updated coach house in the back which could be the perfect private owners unit. Newer 3 car parking pad between the 2 structures. All apartments have been updated with central HVAC, in-unit laundry and additional updates. First floor has potential to duplex down. All units have separate utilities, newer windows, and updated electric. Roof resurfaced in 2015. R4 zoning. Rents significantly below current market value as owner has simply favored long term tenants and not increased rents. Tons of potential to do some cosmetic improvements and really maximize your return!

Property Details

Price:
$1,000,000 / $930,000
MLS #:
MRD11767134
Status:
Closed ((Jun 15, 2023))
Beds:
11
Baths:
4
Address:
814 N HERMITAGE Avenue
Type:
Multi Family
City:
Chicago
Listed Date:
Apr 25, 2023
State:
IL
ZIP:
60622
Year Built:
1888

Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air, Radiator(s), Indv Controls

Exterior

Architectural Style
Greystone
Parking Features
Off Alley, Off Street
Roof
Rubber

Financial

Buyer Agent Compensation
2.5% – $495% of Net Sale Price
Net Operating Income
$68,900
Tax Year
2021
Taxes
$26,745
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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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814 N HERMITAGE Avenue
Chicago, IL