Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 0-bedroom, 0-bathroom commercial at 6501 S. Hermitage Avenue in Chicago, IL is listed for $534,900. Built in 1911, on a N/A lot.
This newly renovated (2021) 6 unit mixed use building has a very favorable unit mix featuring three 3 bed 2 bath units, two 2 bed 1 bath units and one commercial Studio with a full bath with near market rents. All residential units leased at market rates making this a stable addition to any investors portfolio.
While there's some upside potential on income, this property is an easy armchair addition to your portfolio with positive cashflow and very little to no deferred maintenance. With one unit vacant - the property is easy to show as initial showings will be of the vacant unit and common areas. This property is eligible for several financing options for well qualified buyers - please inquire with listing agent if you're seeking a resource to fund this deal.
Key Features
- Built in 1911
Property Details
Monthly Cost Estimate
$2,861/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
6501 S. Hermitage Avenue
Chicago, IL 60636
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 6501 S. Hermitage Avenue is listed at $534,900. The estimated monthly payment is $2,318 based on 20% down at 6.5% interest.
Key features include: Built in 1911.
This property is listed by Brandy Bell and can be reached at 7733545008 or brandy.bell@bairdwarner.com.
