6501 South Hermitage Avenue
$545,000
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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 space with a full bath with near market rents in all units except 1. 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...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 space with a full bath with near market rents in all units except 1. 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.
- Listed by Brandy Bell • Baird & Warner
Property Details for 6501 South Hermitage Avenue
Area
CHI - West Englewood
TownshipHyde Park
ZoningMULTI
LISTING UPDATED: 11/13/2024 09:40 PM
Property Details for 6501 South Hermitage Avenue
Status | Active |
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MLS # | 12122804 |
Days on Market | 151 |
Taxes | $1,687 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1911 |
Lot Size | 0.13 AC / 5,535 SF |
County | Cook County |
Building Information for 6501 South Hermitage Avenue
Stories3Residences6Year Built1911Lot Size0.13 AC / 5,535 SF
Property Information for 6501 South Hermitage Avenue
Property History for 6501 South Hermitage Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 6501 South Hermitage Avenue
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 | |||
Public - | PK to 8 |
Rating | School | Distance |
---|---|---|
Otoole Elementary School PublicPK to 8 | ||
Englewood STEM High School Public9 to 12 | ||
Providence-Englewood Elementary Charter School CharterK to 8 | ||
Davis M Magnet Elementary School PublicPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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