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1821 N Hermitage Avenue, Chicago, IL

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1821 N Hermitage Avenue

Chicago, IL 60622-1103 - Bucktown MF Submarket

Property Type:Multi-Family Number of Units:6 Status:Existing Year Built:-
Stories:3 Building Size:4,000 SF Land Area:.07 AC (3,071 SF)
For Sale Price:$1,550,000 Price/Unit:$258,333.33 Cap Rate:5.28 % GRM:-


Sale Notes:
– Six currently leased recently-rehabbed 1-bedroom / 1-bathroom plus den condo quality units.

– Legally structured as a condo building, all six units being offered for sale for the first time as a package at a combined price (investor may re-convert to multi-family zoning to achieve more favorable property tax treatment).

– Smoke-free pet friendly building with Brinks security system and additional storage space in attic.

– Units feature red oak hardwood flooring, recessed living room lighting, double-hung windows, washer / dryer and internet/cable pre-wiring.

– Kitchens boast stainless steel appliances (Fisher & Paykel refrigerators, dishwashers & microwaves), granite countertops, under-cabinet lighting and stainless sinks with garbage disposals.

– Broker-owned (owner not the listing agent), principals / investors only, no co-op commission offered on this transaction.

– Excellent location in heart of Bucktown, steps away from great restaurants, bars and shopping.

– Individual units also available for sale.

Miller Chicago
Andrea Miller
(312) 513-8333

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