Corcoran Urban Real Estate
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33 Properties Within 0.5 miles of: 4452 N Hermitage, Chicago
  • 4436 N Hermitage, Chicago, IL 60640
    $2,358,000
    6 bed | 5 bath
  • 1713 W Sunnyside, Chicago, IL 60640
    $4,900,000
  • 4535 N Wolcott, Chicago, IL 60640
    $1,250,000
    5 bed | 3½ bath
  • 1909 W Sunnyside, Chicago, IL 60640
    $325,000
    2 bed | 1½ bath
  • 4441 N Ashland Unit 201, Chicago, IL 60640
    $599,000
    2 bed | 2 bath
    3 more available units at this address
    $5,049,000 0 bd / ba
    $1,099,000 Unit 302 4 bd / 3 ½ ba
    $949,000 Unit 101 4 bd / 2 ½ ba
  • 4441 N Ashland Unit 101, Chicago, IL 60640
    $949,000
    4 bed | 2½ bath
    3 more available units at this address
    $5,049,000 0 bd / ba
    $1,099,000 Unit 302 4 bd / 3 ½ ba
    $599,000 Unit 201 2 bd / 2 ba
  • 4441 N Ashland Unit 302, Chicago, IL 60640
    $1,099,000
    4 bed | 3½ bath
    3 more available units at this address
    $5,049,000 0 bd / ba
    $949,000 Unit 101 4 bd / 2 ½ ba
    $599,000 Unit 201 2 bd / 2 ba

4452 N Hermitage
Chicago, IL 60640

  • 6 Beds
Price

$849,900

Est Payment
$5,264 / month (details)  
Taxes
$8,342  
Beds
6  
Rooms
9  
Type
Multi Unit  
Sq. Ft.
n/a  
Lot Size
125X25  
Neighborhood
Ravenswood  
MLS
#09881086
Status
Expired

Property Description

PERFECT 1031 / INVESTOR OPPORTUNITY! Currently produces a 6.4% cap rate and potential for 8.5% at current list price. 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 Map

Property Details

Utilities

  • Heating Gas, Forced Air
  • Cooling
  • Water Public
  • Sewer Sewer-Public

Additional Information

Schools
Amundsen High School, Ravenswood Elementary School

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

03-12-2018 Listed at $849,900
01-02-2019 Status changed to Expired
Last Modified 1/2/19 12:05 AM

Nearby Transportation

  • Bus 78 0.1 mi
  • Bus 50 0.3 mi
  • Bus 22 0.3 mi
  • Bus 81 0.3 mi
  • Bus 80 0.6 mi
  • Bus 9 0.6 mi
  • Bus X9 0.6 mi
  • Bus 36 0.8 mi
  • Bus 0.8 mi
  • Bus 49 0.8 mi
  • Bus X49 0.8 mi
  • Bus 11 0.8 mi
  • Bus 49B 0.8 mi
  • Bus 92 0.9 mi
  • Bus 151 0.9 mi
  • Union Pacific North 0.4 mi
  • Brown Line 0.1 mi
  • Purple Line 0.8 mi
  • Red Line 0.8 mi
  • I 90 West 2.4 mi
  • I 94 West 2.4 mi
  • I 90 East 2.4 mi
  • I 94 East 2.4 mi
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