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814 N Hermitage Avenue Chicago, IL 60622 Multi Unit - Multiple New

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  • 814 N Hermitage Avenue , Chicago, IL 60622 Main Photo

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Description

Prime investment opportunity in East Village-own a stately greystone with four updated units with potential to finish the basement for an additional income producing unit or ADU. The front building offers two 3-bed/1-bath units and one 2-bed/1-bath unit, while the updated coach house provides a private 2-bed/1-bath residence with solid income and flexibility for an owner-occupant. Two units in the front building were renovated with new kitchens and bathrooms in 2023. All units have been well maintained with central HVAC, laundry, newer windows, and individual utilities. The first-floor unit offers the potential to duplex down for added space and value. Three car parking pad separates the two buildings and provides opportunity of additional income.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 11
Bathrooms: 4
County: Cook
Listed By:
Berkshire Hathaway HomeServices Chicago 312-642-1400
MRED MLS
$1,699,900
Est. $10,798/mo
11beds
4baths
New to the Market New
BEDS11 BATHS4 full MLS#12578142
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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814 N Hermitage Avenue , Chicago, IL 60622.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,699,900$1,699,900$1,699,900
Down Payment $59,497$0$339,980
Monthly Mortgage Amount $9,873$10,272$7,936
Taxes $2366$2366$2366
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,019$0$0
Monthly Estimated Total $13,754$13,134$10,798

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