$ 799,000
$ est. monthly payment
4452 North Hermitage Avenue, Chicago, IL 60640  
  • 6 beds

4452 North Hermitage Avenue, Chicago, IL 60640  

PERFECT 1031 / INVESTOR OPPORTUNITY! Newly Updated Common Spaces - Classic East Ravenswood 4 Unit Greystone with vintage touches, steps from CTA/Metra, surrounded by multi-million singe family homes. Income producing property that has great potential to be a high residual property or mutli-unit condo resale for the right investor. The garden unit is in the process of a retro-fit renovation that's about 60% completed. All 4 units are separately metered and utilities are tenant responsibility. New owner has option to covert to single family, 2 duplexes or keep as an investment property and submit with the city for the garden unit, current license over 20 years old as 3 flat. Current 3 unit income due to garden unit, if you upgrade all 4 units, has potential for a 30%+ increase in income. With the proximity of public transit, dining, shopping and great schools potential AAA asset on a tree lined street with true Chicago character.

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  • Listing Type Multi-Family
  • Listing ID 10569582
  • Bedrooms 6
  • Lot Size 125X25
  • Listing Status Active
  • County Cook County
  • Units 3
  • Rooms 9.0
  • County School District Elem:Ravenswood Elementary School/Midl:2
  • School District 1 Ravenswood Elementary School
  • School District 2 299
  • School District 3 Amundsen High School
  • Zoning MULTI
  • Taxes 8342.0
  • TaxID 14182210140000
  • TaxYear 2017
Listing courtesy of Core Luxury Real Estate Inc.

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