5623 S Hermitage Avenue
Chicago, IL 60636

Status: Sold
Multi Family
6 beds
0 baths
0 sq.ft
Listing Price: $185,000
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About this home

3 Unit property; Legal Basement unit makes this property a great money maker with tenants paying all utilities. All units have 2 bedrooms each and all units have eat-in kitchens and come with stoves and refrigerators. Owner received rents of $900.00 each unit per month. Roof is 10 years old, 3 furnaces, 1st Fl Unit 2years old, 2nd Fl Unit 10years old, basement furnace 3 years old. Attic area and 1st floor unit has some newer windows. Stoves and refrigerators for each unit. Security alarm system with cameras/monitoring also comes with purchase of building. With a little touch of paint and TLC, this building is ready for new tenants and for owner to start making money. Close to public transportation and minutes from Dan Ryan expressway with 10 minutes to downtown Chicago. Seller is willing to offer washer and dryer located in the garden unit as well as a snow blower, freezer, new portable air conditioner plus a window air conditioner unit and lawn mower as part of the sale. PROPERTY IS SOLD AS IS; NO SURVEY/NO TERMITE will be offered by seller.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1890
Exterior Building Type Vinyl Siding, Frame
Foundation Block, Concrete Perimeter
Parking None
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - West Englewood
Zoning Type MULTI
Corporate Limits Chicago
Directions 55th Garfield East or West to Wood Street, South on Wood Street to 57th St., East to Hermitage, North to Property.
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Lindblom College Preparatory Sen
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 299
Township Hyde Park
Interior Features
Basement Description Finished
Basement Bathrooms No
Basement Full ,Walkout
Bedrooms Count 6
Bedrooms Possible 6
Baths Count 3
Full Baths in Building Count 3
Total Rooms 12
Units
unit 1
Beds Total 2
Baths Total 1
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date 00/00
Rooms Total 4
Tenant Pays All
Floor Number 1
Square Feet 1000
unit 2
Beds Total 2
Baths Total 1
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date 00/00
Rooms Total 4
Tenant Pays All
Floor Number 2
Square Feet 1000
unit 3
Beds Total 2
Baths Total 1
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date 00/00
Rooms Total 4
Tenant Pays All
Floor Number B
Square Feet 900
Property / Lot Details
Lot Dimensions 25X125
Lot Size Standard Chicago Lot
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 20182130100000
Special Assessments N
Taxes $1,415
Tax Exemptions Homeowner, Senior
Tax Year 2022
$185,000 Listing Price:
MLS # 12041193
Investment Profile Residential Income
Listing Market Time 41 days
Basement Full ,Walkout
Type Unit 3 Flat
Number of Units in Building 3
Parking None
List Date 05/22/2024
Year Built 1890
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