1644 N Hermitage Avenue
Chicago, IL 60622

Status: Sold
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $1,299,000
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About this home

Discover urban living at its finest in this stunning legal 4-flat nestled in the heart of Bucktown. Each unit boasts modern features, including granite countertops, central heat/air, custom cabinets, and the convenience of in-unit laundry. Tenants will love the spacious common backyard area, providing an ideal outdoor retreat. With shopping, public transportation, restaurants, and the vibrant atmosphere of Bucktown just steps away, residents will relish the city lifestyle. Plus, investors will find value-add opportunities to duplex down and renovate units.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Exterior Building Type Brick
Exterior Property Features Balcony
Parking None
Rehab Year 2012
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - West Town
Zoning Type MULTI
Corporate Limits Chicago
Directions North on Ashland to North Ave. West on North Ave. North on Hermitage to address on West side of the street.
Elementary School Burr Elementary School
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township North Chicago
Interior Features
Basement Description Unfinished
Basement Bathrooms No
Basement Full
Bedrooms Count 8
Bedrooms Possible 8
Baths Count 6
Full Baths in Building Count 6
Total Rooms 22
Units
unit 1
Beds Total 1
Baths Total 1
Actual Rent 1900
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 10/24
Rooms Total 4
Tenant Pays Electric, Gas, Heat
Floor Number 1
Square Feet 600
unit 2
Beds Total 1
Baths Total 1
Actual Rent 1975
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 7/24
Rooms Total 4
Tenant Pays Electric, Gas, Heat
Floor Number 1
Square Feet 600
unit 3
Beds Total 3
Baths Total 2
Actual Rent 2650
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner, Hardwood Floors
Full Baths Total 2
Lease Expiration Date 6/24
Rooms Total 7
Tenant Pays Electric, Gas, Heat
Floor Number 2
Square Feet 1200
unit 4
Beds Total 3
Baths Total 2
Actual Rent 2700
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner
Full Baths Total 2
Lease Expiration Date 7/24
Rooms Total 7
Tenant Pays Electric, Gas, Heat
Floor Number 2
Square Feet 1200
Property / Lot Details
Deconversion N
Lot Dimensions 24X124
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 4 Flat
Number Of Units in Building 4
Property Type Two to Four Units

Financials

ElectricExpense 240
Electric Expense Source Actual
Financing Conventional
Fuel Expense $110
Fuel Expense Source Actual
Gross Rental Income $110,700
Insurance Expense $2,607
Insurance Expense Source Actual
Janitor Expense $5,759
Net Oper Income $81,087
Other Expense Source Actual
Rental Income 9225
Scavenger Expense $456
Investment Profile Residential Income
Water Expense $1,576

Tax/Assessments/Liens

PIN 14314280280000
Special Assessments N
Taxes $18,564
Tax Exemptions None
Tax Year 2021
$1,299,000 Listing Price:
MLS # 11968745
Investment Profile Residential Income
Listing Market Time 61 days
Basement Full
Type Unit 4 Flat
Number of Units in Building 4
Parking None
List Date 01/31/2024
Year Built
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