6927 S Hermitage Ave - Apartments FOR SALE


Chicago, IL 60636- West Englewood
$364,900 USD
312-640-7010
6927 S Hermitage Ave, Chicago, IL for Sale
$364,900 USD
Apartments - FOR SALE
1/20
null | 11.29% Cap Rate

6927 S Hermitage Ave
Chicago, IL 60636
West Englewood


HIGHLIGHTS

  • Property was recently renovated in 2020.
  • All 3 units feature quality finishes and up-to-date appliances.
  • Two common laundry rooms are available.
  • Property features a 2-car garage.

OVERVIEW

Renovated in 2020 and stabilized with 3 current tenants, two of which are MTM which offers flexibility to the investor that adds this property to their portfolio. All tenants are currently at or near Market Rates w/ MTM leases. Well maintained to date, all three units feature Condo Quality Finishes, SS Appliances, Central Heat, modern baths and kitchens. Units 1 and 2 have hardwood floors throughout while the basement features large ceramic tile through out. The building features two common laundry rooms, additional storage closets and a 2 car garage. Current Gross Proforma Rents $4015 monthly or $46,180 annually - Low Taxes = Positive Cash Flow for the investor seeking a turn key option!

FOR SALE DETAILS

PRICE

$364,900 USD

PRICE/SF

$151 USD /SF

# OF UNITS

2

PRICE/UNIT

$182,450

CAP RATE

11.29%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1909

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

10

APN/PARCEL ID

20-19-421-014-0000

ASK ABOUT THIS PROPERTY

Brandy BellBaird & WarnerMore Info
312-640-7010

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Brandy BellBaird & WarnerMore Info
312-640-7010

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.