Multifamily

822 N Hermitage Ave

822 N Hermitage Ave, Chicago, IL 60622

Listing Price: $1,450,000

Cap Rate
5.62%
Number of Units
6
GRM
11.74
Occupancy
97.0%
Price/Unit
$241,667
Price/Gross SF
$245.76
Gross SF
5,900

Investment Overview

Marcus & Millichap is pleased to present this multifamily opportunity in the West Town Neighborhood of Chicago, Illinois. The subject property consists of six apartments and parking in the rear. There is one four-bedroom apartment and five two-bedroom apartments. Features include hardwood floors throughout, stainless steel appliances, and granite countertops. The subject property is a three-minute walk to Chicago Transit Authoritys (CTA) 66 bus stop, a six-minute walk to CTAs 9 and X9 bus stops, and a 17-minute to CTAs Chicago Blue Line train stop.







Investment Highlights

  • Excellent West Town Neighborhood Location
  • Finishes Include Granite Countertops, Exposed Brick, Stainless Steel Appliances
  • Hardwood Floors Throughout
  • Short Walk to CTA Buses and Trains
  • Six Apartments Plus Rear Parking

Exclusively Listed By

  • Kyle A. Stengle

    Senior Vice President Investments

    Email Kyle

    License(s): IL: 475.138461

    Chicago Downtown

Listing Price: $1,450,000

Cap Rate
5.62%
Number of Units
6
GRM
11.74
Occupancy
97.0%
Price/Unit
$241,667
Price/Gross SF
$245.76
Gross SF
5,900

Investment Highlights

  • Excellent West Town Neighborhood Location
  • Finishes Include Granite Countertops, Exposed Brick, Stainless Steel Appliances
  • Hardwood Floors Throughout
  • Short Walk to CTA Buses and Trains
  • Six Apartments Plus Rear Parking

Investment Overview

Marcus & Millichap is pleased to present this multifamily opportunity in the West Town Neighborhood of Chicago, Illinois. The subject property consists of six apartments and parking in the rear. There is one four-bedroom apartment and five two-bedroom apartments. Features include hardwood floors throughout, stainless steel appliances, and granite countertops. The subject property is a three-minute walk to Chicago Transit Authoritys (CTA) 66 bus stop, a six-minute walk to CTAs 9 and X9 bus stops, and a 17-minute to CTAs Chicago Blue Line train stop.







Exclusively Listed By

  • Kyle A. Stengle

    Senior Vice President Investments

    Email Kyle

    License(s): IL: 475.138461

    Chicago Downtown

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