6225 N. Hermitage

Sales Overview

  • Price: $2,750,000
  • Number of Units: 14
  • Building Size: 12 SF
  • Property Type: Multi-Family
  • Lot Size: 8 SF
  • Year Built: 1928

Highlights

  • Gut Rehab in 2011 - Modern Style Finishes Throughout
  • Ideal Unit Mix - Large Two and Three Bedroom Units
  • In Unit Washer / Dryer and HVAC
  • Additional Storage and On Site Parking Available

Description

Interra Realty is pleased to offer a beautifully rehabbed apartment building in the highly desirable Edgewater neighborhood. Gut Rehabbed in 2011, the building features modern finishes in all units with granite counters, new hardwood floors and in unit washer / dryer.

The property consists of fourteen (14) physical units; Twelve (12) above grade units and two (2) garden units. The garden units currently generate $1,300 each per month.

The property currently has a Freddie Mac Loan which is assumable. The loan was placed in July 2017. Terms are 3.99%, 5 yr fixed and approximate balance as of December 15th, 2018 is $1,876,000. 1% Assumption Fee.


Location

Contact the Brokers

Ted Stratman

Managing Partner

312-361-3133

Jeremy Morton

Director

312.724.7010