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Listed by Brandy Bellof Baird & Warner
$ 534,999
Est. payment /mo
Active
6501 S Hermitage Avenue Chicago, IL 60636
6,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 6,200 sqft
Price per Sqft $86
MLS Listing ID 12445921
Year Built 1911
Annual Tax Amount $1,687
Tax Year 2023
Lot Dimensions .12
Property Sub-Type Mixed Use
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 Studio with a full bath with near market rents. All residential units leased at market rates making this a stable addition to any investors portfolio. 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.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
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