3934 North Hermitage Avenue

Chicago, IL 60613

$985,000
Last Sold Price
7
Beds
4
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

NORTH CENTER/ LAKEVIEW! Incredible investment opportunity in highly desired Blaine school district on quiet, tree-lined street. Many different opportunities with this 2 flat plus a COMPLETELY RENOVATED coach house perfect for owner occupant. Building currently generating great rents but many value add opportunities with updating units to increase rents. 1st floor is 2/1 and can easily duplex down. 2nd floor is 3/2 + den unit duplexed up, also great for an owners unit. Charming coach house is 2/1.1...NORTH CENTER/ LAKEVIEW! Incredible investment opportunity in highly desired Blaine school district on quiet, tree-lined street. Many different opportunities with this 2 flat plus a COMPLETELY RENOVATED coach house perfect for owner occupant. Building currently generating great rents but many value add opportunities with updating units to increase rents. 1st floor is 2/1 and can easily duplex down. 2nd floor is 3/2 + den unit duplexed up, also great for an owners unit. Charming coach house is 2/1.1 Ideal for live-in investor while having others pay your mortgage! Spacious deck for coach house + great outdoor space for each unit. A++ location- only 1 block from the brown line, close proximity to highway, 2 blocks to Trader Joe's and walking distance to Southport corridor and Wrigley Field, and TONS of restaurants and shops. 2 car garage rented separately for $300 additional income monthly. Always EASY to rent! Never vacant! With a 93% walk score, this is what you have been looking for!

Listing Agent

Property Details for 3934 North Hermitage Avenue

Area
CHI - Lake View
Township
Lake View
Ownership
Condo
Num Of Garage Spaces
2.0
Num Of Cars
2.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas

Location

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LISTING UPDATED: 05/05/2021 08:15 AM

Property Details for 3934 North Hermitage Avenue

StatusClosed
MLS #10505004
Days on Market178
Taxes$10,934 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built-
Lot Size0.07 AC / 3,049 SF
CountyCook County

Building

Location

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Building Information for 3934 North Hermitage Avenue

Stories3Residences-Year Built-Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$6,287 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,376

Property Taxes

$911

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3934 North Hermitage Avenue

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Blaine Elementary School
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Property Information
Interior Features
  • Num Of Rooms: 20
  • Bedrooms (Below Grade): 0
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 7
  • Basement Description: Unfinished
  • # Full Baths in Building: 4
  • # Half Baths in Building: 1
  • Num of Baths: 4.1
Utilities / Equipment
  • Sewer: Other
  • Water: Public, Other
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Multiple Water Heaters
Property/Lot Information
  • Exterior Property Features: Deck, Porch
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2016
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 125X25
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt
  • Foundation Details: Brick/Mortar
  • General Information: None
  • North Coordinate: 3934
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 1732
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 4
  • Document Date: 2019-10-21T21:44:09
  • Photos Count: 27
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $500.00
  • Fuel Expense: $500.00
  • Gross Income: $86,340.00
  • Insurance Expense: $2,000.00
  • Maintenance Expense: $3,500.00
  • Manager Expense: $3,454.00
  • Electric Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Manager Expense Source: AC
  • Other Addl Income: Garage/s
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Trash Expense Year: 2019
  • Water Expense Source: Actual
  • Net Operating Income: $62,953.00
  • Professional Management Expense: $1,000.00
  • Trash Expense: $500.00
  • Water Sewer Expense: $500.00
  • Other Expenses $: 500
Unit 1
  • Unit Type Actual Rent: $2,500.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Floor # - Unit 1: C
  • # Of Rooms - Unit 1: 6
  • # Half Baths-Unit 1: 1
  • # Full Baths-Unit 1: 1
  • Appliances/Features Unit 1: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Gas, Hardwood Floors, Cooktop, Oven/Built-in
  • Lease Exp Date (Mo/Yr) - Unit 1: 04-20-2024
  • Sec Deposit $ - Unit 1: 2500
  • Tenant Pays - Unit 1: Electric, Gas, Heat, Parking
Unit 2
  • Unit Type Actual Rent: $1,750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Floor # - Unit 2: 1
  • # Of Rooms - Unit 2: 7
  • # Half Baths-Unit 2: 0
  • # Full Baths-Unit 2: 1
  • Appliances/Features Unit 2: Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Cooktop, Oven/Built-in
  • Lease Exp Date (Mo/Yr) - Unit 2: 07-19-2024
  • Sec Deposit $ - Unit 2: 1750
  • Tenant Pays - Unit 2: Electric, Gas, Heat, Parking
Unit 3
  • Unit Type Actual Rent: $2,595.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Floor # - Unit 3: 2
  • # Of Rooms - Unit 3: 7
  • # Half Baths-Unit 3: 0
  • # Full Baths-Unit 3: 2
  • Appliances/Features Unit 3: Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Cooktop, Oven/Built-in
  • Lease Exp Date (Mo/Yr) - Unit 3: 07-19-2024
  • Sec Deposit $ - Unit 3: 2595
  • Tenant Pays - Unit 3: Electric, Gas, Heat, Parking

Property History for 3934 North Hermitage Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3934 North Hermitage Avenue

Taxable ValueLand$39,062Additions$55,643Total$94,705
Tax Record2022$19,479 ($1,623 / month)
Home Facts
Beds6Baths1Total Finished SqFt1,109 SqFtAbove Grade Finished SqFt1,109 SqFtStories2Lot Size3,125 SqFtStyleSingle Family ResidenceYear Built1901CountyCOOKAPN14-19-205-017

Schools near 3934 North Hermitage Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 10 to 12
Public - 7 to 12
Rating
School
Distance
Blaine Elementary School
PublicPK to 8

Lake View High School
Public9 to 12

YCCS-Truman Middle College HS
Charter10 to 12

Lane Technical High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.