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6501 S Hermitage Avenue Chicago, IL 60636

$534,900
Active / MLS# 12445921 / Commercial - Business / Chicago
0 Beds
6200 SqFt

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 Studio with a full bath with near market rents. All residential units leased at market rates making this a stable addition to any investors portfolio. 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.

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Baird & Warner Danielle Masbruch 360.801.6201 Email

Property Details

Property Type: Commercial - Business
Cooling: Window Unit(s)
Lot Size: 0.13 Acres
Stories: 3.0
Taxes: $1,687
Year Built: 1911

Feature Descriptions

Electric: Circuit Breakers, Separate Meters
Exterior: Brick
Fire Protection: Alarm On Site, Fire Extinguisher/s, Smoke or Fire Protectors, Carbon Monoxide Detector(s)
HVAC: Central Heat/Indiv Controls
Lot Dimensions: .12
Number of Tenant(s): 5
Parcel#: 20192210010000
Parking: 1-5 Spaces
Tenant Pays: Electricity, Heat
Units: 6

Location

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