Closed

$900,000

4402 Hermitage Avenue, CHICAGO, IL 60640
7 Beds4 Baths30 days
4402 Hermitage Avenue·CHICAGO, IL 60640
7Bedrooms
4Bathrooms
1963Year Built
About This Home

PERFECT 1031 / INVESTOR OPPORTUNITY! TURN-KEY, 4 UNIT APARTMENT BUILDING IN PRIME, EAST RAVENSWOOD! AN EXTREMELY RARE INVESTMENT OPPORTUNITY PRODUCES A 6% NET CAP RATE OF RETURN AT THE LIST PRICE! FULLY REHABBED IN 2016 - NEW TEAR-OFF ROOF, WINDOWS, HEATING SYSTEM, A/C UNITS, WATER HEATER, WASHER DRYERS, HICKORY FLRS, NEW, SOLID WOOD KITCHENS W/QUARTZ TOPS, BREAKFAST BARS & SS APPLIANCES- INCLUDING BUILT-IN MICROWAVES & DISHWASHERS. BATHROOMS WITH UPDATED FIXTURES & TILE SURROUND. BUILDING HAS 3 -TWO BED / 1 BATH UNITS & ONE 1 BED / 1 BATH UNIT - ALL UNITS OBTAIN ABOVE MARKET RENTS. SITE HAS SIDE DRIVEWAY TO MULTI-PARKING SPACES (ADDIT. INCOME OPTION) - CURRENTLY BEING USED AS BACK COMMON PATIO. A+LOCATION - QUIET TREE LINED STREET & NEXT DOOR TO MULTI-MIL.$ HOMES. CLOSE TO EL, METRA, GROCERY, SHOPS & TOP SCHOOLS. BUILDING IS FULLY RENTED.

MLS# 09772938Listed October 9, 2017Residential IncomeOther
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms4
Total Rooms15

Size & Structure

Year Built1963
Lot Size31 X 107

Location

CountyCook
TownshipLAKE VIEW
Zip Code60640

Financial

List Price$900,000
Annual Taxes (2016)$11,289
Monthly Tax Est.$941
Parcel #14182210300000
Interior Features

Heating

BaseboardRadiator(s)Indv ControlsZoned

Basement

None
Exterior & Lot

Construction

Brick

Roof

RubberFlat

Foundation

Concrete Perimeter

Patio & Porch

Patio

Lot Features

Common Grounds
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

UnassignedOff StreetDrivewayOn SiteOwned
HOA & Community

Community Features

SidewalksStreet LightsStreet Paved
Schools
Elementary
RAVENSWOOD ELEMENTARY SCHOOL
District: 299
Middle School
RAVENSWOOD ELEMENTARY SCHOOL
District: 299
High School
AMUNDSEN HIGH SCHOOL
District: 299
Tax & Financial
Annual Taxes
$11,289
Tax Year 2016
Monthly Tax Est.
$941
per month
Property Location

4402 Hermitage Avenue, CHICAGO, IL 60640Cook County

$900,000
4402 Hermitage Avenue
7 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
30 days on market
31 X 107
$11,289/yr taxes
$5,671
estimated monthly payment
Principal & Interest
$4,730/mo
Property Tax
$941/mo
$900,000
20% — $180,000
3%50%
6.875%
3%12%
Loan Amount
$720,000
Down Payment
$180,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Berkshire Hathaway HomeServices KoenigRubloff
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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