4402 N Hermitage Ave., Chicago, IL 60640

4402 N Hermitage Ave., Chicago, IL 60640
Photo 1 of 22
$835,000
Sold on 12/15/17
Beds Baths Sq. Ft. Taxes Built
7 0.00 0 $11,289.03 1963
On the market: 67 days
View full details, 15 photos, school info, and price history
PERFECT 1031 / INVESTOR OPPORTUNITY! TURN-KEY, 4 UNIT APARTMENT BUILDING IN PRIME, EAST RAVENSWOOD! AN EXTREMELY RARE INVESTMENT OPPORTUNITY PRODUCES A 6% NET CAP RATE OF RETURN AT THE LIST PRICE! FULLY REHABBED IN 2016 - NEW TEAR-OFF ROOF, WINDOWS, HEATING SYSTEM, A/C UNITS, WATER HEATER, WASHER DRYERS, HICKORY FLRS, NEW, SOLID WOOD KITCHENS W/QUARTZ TOPS, BREAKFAST BARS & SS APPLIANCES- INCLUDING BUILT-IN MICROWAVES & DISHWASHERS. BATHROOMS WITH UPDATED FIXTURES & TILE SURROUND. BUILDING HAS 3 -TWO BED / 1 BATH UNITS & ONE 1 BED / 1 BATH UNIT - ALL UNITS OBTAIN ABOVE MARKET RENTS. SITE HAS SIDE DRIVEWAY TO MULTI-PARKING SPACES (ADDIT. INCOME OPTION) - CURRENTLY BEING USED AS BACK COMMON PATIO. A+LOCATION - QUIET TREE LINED STREET & NEXT DOOR TO MULTI-MIL.$ HOMES. CLOSE TO EL, METRA, GROCERY, SHOPS & TOP SCHOOLS. BUILDING IS FULLY RENTED.
Listing courtesy of Michael Shenfeld, Berkshire Hathaway HomeServices Chicago