Closed

$1,699,900

846 Hoyne Avenue, Chicago, IL 60622
81 days
846 Hoyne Avenue·Chicago, IL 60622
1912Year Built
About This Home

846 North Hoyne Avenue is a six (6)-unit multifamily building located in Chicago's Ukrainian Village. This vintage brick walk-up has five renovated units and contains an excellent unit mix, featuring six (6) 2 bed | 1 bath apartments. This property has been renovated by a reputable builder in the area to exceed today's standards and expectations. All six apartments showcase desirable floor plans with in-unit laundry and outdoor balconies. There is ample living space and plenty of natural light. Five of the six units have been gut rehabbed throughout 2022 with stunning new kitchens with quartz counters, high-end bathroom design, and floors. The utilities are separately metered for heat, electric and cooking gas. The building has 6 newer furnaces, A/C units and water heaters, plus a full basement for storage. Further building improvements that have been done include a new roof within the last 5 years, brand new Pella windows throughout, new gutters and an abundance of masonry and tuck-pointing work. 846 N. Hoyne Avenue presents an incredible investment opportunity to acquire a value-add property in one of Chicago's most desirable neighborhoods, Ukrainian Village. An investor has the prospect of adding value through significant rent increases as most were rented through construction during off-season. A buyer has a great opportunity to acquire an investment with huge upside potential in an appreciating location.

MLS# 11811517Listed June 19, 2023Commercial Sale
Property Details

Beds & Baths

Size & Structure

Year Built1912
Lot Size28X103

Location

CountyCook
Zip Code60622

Financial

List Price$1,699,900
Annual Taxes (2021)$10,389
Monthly Tax Est.$866
Parcel #17063260270000
Interior Features

Cooling

Central Air

Basement

FinishedStorage Space
Exterior & Lot

Construction

Brick
Tax & Financial
Annual Taxes
$10,389
Tax Year 2021
Monthly Tax Est.
$866
per month
Property Location

846 Hoyne Avenue, Chicago, IL 60622Cook County

$1,699,900
846 Hoyne Avenue
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
81 days on market
28X103
$10,389/yr taxes
$9,799
estimated monthly payment
Principal & Interest
$8,934/mo
Property Tax
$866/mo
$1,699,900
20% — $339,980
3%50%
6.875%
3%12%
Loan Amount
$1,359,920
Down Payment
$339,980

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

Listed by
Triton Realty Group LLC
Agent: Nico Krajecki
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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