6501 S Hermitage AVE Chicago, IL 60636

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,200 sqft

Price per Sqft $86

MLS Listing ID 12445921

Year Built 1911

Annual Tax Amount $1,687

Tax Year 2023

Lot Dimensions .12

Property Sub-Type Mixed Use

Property 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 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.

Location

State IL

County Cook

Area Chi - West Englewood

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Building

Dwelling Type Mixed Use

Structure Type Brick

Listed by Brandy Bell • Baird & Warner

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106