4452 N Hermitage Avenue

Chicago, Illinois 60640

Robert Blaszkiewicz

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Property Type
Multiple Unit (2-4)

PERFECT 1031 / INVESTOR OPPORTUNITY! Currently produces a 6.4% cap rate and potential for 8.5% at current list price. Classic East Ravenswood 4 Unit Greystone with vintage touches, steps from CTA/Metra, surrounded by multi-million singe family homes. Income producing property that has great potential to be a high residual property or mutli-unit condo resale for the right investor. The garden unit is in the process of a retro-fit renovation that's about 60% completed. All 4 units are separately metered and utilities are tenant responsibility. New owner has option to covert to single family, 2 duplexes or keep as an investment property and submit with the city for the garden unit, current license over 20 years old as 3 flat. Current 3 unit income due to garden unit, if you upgrade all 4 units, has potential for a 30%+ increase in income. With the proximity of public transit, dining, shopping and great schools potential AAA asset on a tree lined street with true Chicago character.

Full Features
Exterior Type: Brick,Block
Basement: Unfinished
Beds Above Grade: 6
Heating System: Gas, Forced Air
First Floor Master Bedroom: No
Fireplace: No
Pool: No
Age: 81-90 Years
Parking Type: None
Parking Spaces: 0
Room Count: 9
Water Front: No
Square Feet: N/A
Tax Amount: $8,342
Tax Year: 2016

Taxes & Assessments
Taxes: $8,342

Listing Office: Core Luxury Real Estate Inc.

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Uptown photo


Located between Montrose and Foster, from the lake west to Clark Street, Uptown is the colorful Chicago neighborhood that was once the stomping ground of Charlie Chaplin and Al Capone. Today, the neighborhood is attracting many new homebuyers with its…

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School District(s)
City Of Chicago Sd 299
Elementary School
High School

School Assignment Data provided by the National Center for Education Statistics
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Nearby Public Transportation

CTA Rail

at Montrose (0.16 miles away), Wilson

Union Pacific North

at Ravenswood Metra (0.37 miles away)


4452 N Hermitage Avenue Chicago, Illinois 60640 is a multiple unit (2-4) property, currently listed at $849,900. 4452 N Hermitage Avenue has 6 bedroom(s) and 3 bath(s). Want to learn more about 4452 N Hermitage Avenue Chicago, Illinois 60640? Contact an @properties agent to request more info.

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