3712 Hermitage Avenue, McKinley Park, Chicago, Illinois 60609


$550,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 8
Baths: 5
Year Built:
Property Taxes: $4,163
Days On Market: 1785
Lot Size: 0,06
Map
Street View

Description

Superb Cash Flow Opportunity in Hot McKinley Park!! Legal 3 unit with Additional Finished Garden Apartment. All Units are Below Market Rents, Tenants Pay Utilities, 3 of the 4 are Month to Month. This Building shows Pride in Ownership with a Grand List of Updates in last 10-12 years. Nothing to do but seriously Collect Rent for another 12-15 years now. All Units full rented - Separate Electric Panels, HVAC systems, all 4 new water tanks, coin operation laundry in common area. Newly installed drain tile system in basement plus flood control system, Sump pump, newer high efficiency windows, high ceilings throughout, recent tuckpointing and new chimney, new complete exterior north wall 2019, Large 2 Car Garage with party door into wonderful patio and a 2nd level for additional storage all built 2012. All new stucco front completed 2012, flat roof a complete replacement 2010, maintenanced every other year. 4 minutes to the 35th and Archer Orange line stop. Seconds to major interstates and public transportation. 3 Blocks to Namaste Charter School, 3.5 Blks District School Evergreen Academy Middle School. Close proximity to Mariano's, Sox Park, Heart of Chicago/Little Italy restaurants, 2 Orange line stops in McKinley Park, Close to Illinois Medical District, Chinatown, Pilsen, and Bridgeport neighborhoods. 12-15 min to loop, mins away to I-55 and 2 Min to one of Chicago's biggest parks at 71 acres with wildlife preserve, tennis courts, fishing, swimming, ice skating rink and farmers market. **(Agents See Broker Remarks and Additional Info Docs for Showing Instructions and Additional Details)

Property Specifics

Multi-unit
Full
No
0.06
Cook
— / —
Public
Public Sewer
10951352
17314200310000

Property History

DATE: EVENT: PRICE: SOURCE:
22 Jul, 2016 Sold $578,850 MRED MLS
13 Jun, 2016 Under contract $610,000 MRED MLS
Last price change $660,000 MRED MLS
17 Feb, 2016 Listed for sale $660,000 MRED MLS
15 Feb, 2019 Sold $975,000 MRED MLS
16 Jan, 2019 Under contract $950,000 MRED MLS
16 Jan, 2019 Listed for sale $950,000 MRED MLS
16 Apr, 2021 Sold $550,000 MRED MLS
19 Feb, 2021 Under contract $565,000 MRED MLS
9 Dec, 2020 Listed for sale $565,000 MRED MLS
10 Apr, 2024 Sold $1,400,000 MRED MLS
9 Mar, 2024 Under contract $1,349,900 MRED MLS
7 Mar, 2024 Listed for sale $1,349,900 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 5
Partial Bathrooms: 0
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: Full
Basement Description: Finished

Other Specifics

2
Concrete Perimeter
Patio
24X125
Not in DB
Sidewalks, Street Lights

Tax History

Year Property Taxes
2016 $6,883
2019 $10,041
2021 $4,163
2024 $15,798

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Listing Provided By

606 Brokers LLC