4452 Hermitage Avenue, Uptown, Chicago, Illinois 60640


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$799,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 6
Baths: 0
Year Built:
Property Taxes: $7,516
Days On Market: 2323
Lot Size: 0,00
Map
Street View

Description

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.

Property Specifics

Multi-unit
Walkout
No
Cook
— / —
Public
Public Sewer
10569582
14182210140000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Ravenswood Elementary School
299
High School
Amundsen High School
299 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
3 Mar, 2020 Sold $799,000 MRED MLS
4 Dec, 2019 Under contract $799,000 MRED MLS
8 Nov, 2019 Listed for sale $799,000 MRED MLS
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Room Specifics

All Bedroom Info:
Total Bedrooms: 6
Bedrooms Above Ground: 6
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: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: Walkout
Basement Description: Unfinished

Other Specifics

125X25
Not in DB

Tax History

Year Property Taxes
2020 $7,516

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Listing Provided By

Core Luxury Real Estate Inc.