Skip To Content

6501 S Hermitage Avenue

Chicago, IL 60636
  • $545,000
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 12122804
UPDATED: 25 min ago
$545,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1911
County:
Area:

School Ratings & Info

Description

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 2. 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.

Monthly Payment Calculator



© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2024-09-16T22:00:28.693 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.lewkepartners.com/homes/153763610
Print Image

6501 S Hermitage Avenue Chicago, IL 60636

  • Price: $545,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 25 min ago
  • MLS #: 12122804
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1911
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
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 2. 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.
Exterior Features

Exterior Building Type Brick Outdoor Parking 1-5 Spaces

Interior Features

Cooling Window Unit(s) Heat Ventilation Central Heat/Indiv Controls Number Of Dryers 3 Number Of Ranges 5 Number Of Washers 3

Property Features

Additional Parcels YN No Approximate Age New Rehab Building Area Total 6200 Built Before1978 YN Yes Electric Circuit BreakersSeparate Meters Fire Protection Alarm On SiteFire Extinguisher/sSmoke or Fire ProtectorsCarbon Monoxide Detector(s) Geographic Locale Chicago South Gross Income 87972 Gross Scheduled Income 87972 Insurance Expense 4320 Mls Actual Status Active Net Operating Income 77365 Number Of Tenants 5 Operating Expense 10607 Property Sub Type Mixed Use Rental Price 15 Tax Annual Amount 1687 Tax Year 2023 Tenant Pays ElectricityHeat Total Monthly Income 7331 Township Hyde Park Type Mixed Use Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Baird & Warner: 312-640-7010.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2024-09-16T22:00:28.693 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12122804-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12122804-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12122804-1.jpg
Logo
Keller Williams Success Realty
43 E Crystal Lake Ave
Crystal Lake IL, 60014