For Residential Income For Sale

6115 Hermitage Avenue, Chicago, Illinois 60660

Price: $1099900

Property Description


SOLID BRICK 4-UNIT PROPERTY W/ 5TH ADDITIONAL UNIT IN THE HEART OF EDGEWATER AND INCOME POTENTIAL AT $122,400. BUILDING IS ON AN EXTRA WIDE, 37.5' X 162' OVERSIZED LOT ALONG A QUIET TREE LINED ONE-WAY STREET. PROPERTY IS PERFECTLY SUITED FOR LIVE/RENT OR INVESTMENT. FEATURING AN ALL BRICK 3-UNIT BUILDING WITH HUGE FLOOR PLANS & SIGNIFICANT NEW UPGRADES + A TREMENDOUS VALUE ADD OPPORTUNITY 2-UNIT REAR FRAME COACH HOUSE JUST WAITING FOR YOUR IDEAS, WITH A HUGE YARD IN BETWEEN! 3-FLAT FEATURES (2) 6-RM 3 BED / 1 BATH UNITS + A 5-RM 2 BED / 1 BATH UNIT ALL W/SEPARATE DINING ROOMS, PRIVATE OUTDOOR SPACE (FRONT AND REAR IN UNITS 2/3), LARGE BEDROOMS & GREAT STORAGE SPACE W/EXTENSIVE UPGRADES INCL CONDO QUALITY S/S/SHAKER KITCHENS W/NEW APPLIANCE PACKAGES W/RANGE HOODS, NEW STONE BATHS, REFINISHED/NEW FLOORING, SOME UPGRADED WINDOWS, NEW LIGHT FIXTURES & A NEWER PORCH; UNFINISHED BASEMENT OFFERS ADDED POTENTIAL OR ADD LAUNDRY ROOM (ROUGHED) AND KEEP AS CURRENTLY CONFIGURED W/HUGE PRIVATE STORAGE CLOSETS; 2-UNIT COACH HOUSE CURRENTLY CONFIGURED AS (2) 2 BED / 1 BATH UNITS W/UNFINISHED ATTIC & BASEMENT JUST WAITING FOR YOUR CREATIVE IDEAS WOULD MAKE FOR AN OPTIMAL OWNER'S UNIT(S) OR HUGE BOOST TO CASH FLOW; GREAT YARD SPACE IN BETWEEN BUILDINGS; CASH FLOW INFORMATION IS BASED ON PROJECTED MARKET RENTS & PROJECTED EXPENSES; ONE OF A KIND OPPORTUNITY!

  • Property Type House
  • Property ID #12136408
  • Price $1099900
  • Year Built 1913
  • Contract type Residential Income For Sale
  • Agent Ryan Casper
  • Home Area --- sqft
  • Rooms 12
  • Bedrooms 12
  • Bathrooms 5
  • Sewer
  • RoomType
  • Price $ 289.0/mounth
  • Year Built 2019
  • Contract type Rent
  • Agent Ashton Kutcher
  • Home Area 1200 sqft
  • Rooms 9
  • Bedrooms 4
  • Bathrooms 3
  • Garages 2
  • Parking lots 2

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