$1,180,000
SOLD JAN 2, 2025
8 Beds
5 Baths
-- Sq Ft
5,663 Sq Ft Lot

Recently Sold

4% Below List Price

0 Day on Market

Highlights

  • American Four Square Architecture
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Fenced Yard
  • Patio

About This Home

As of January 2025

Discover 5714 N. Hermitage Ave., a prime investment opportunity in Chicago's highly desirable Andersonville neighborhood. This stunning brick building in the vibrant Edgewater community features three spacious units. The top two units each offer three bedrooms and two bathrooms, while the garden unit includes one bathroom. Designed for modern living, all units feature hardwood floors, in-unit laundry, and contemporary kitchens equipped with stainless steel appliances and dishwashers, making them highly appealing to tenants. Situated in one of Chicago's most sought-after areas, this property offers the perfect blend of space, style, and convenience. Andersonville is renowned for its rich Swedish heritage, independent shops, cafes, and bars, creating a lively atmosphere that attracts a diverse mix of residents. The building's location also provides easy access to the lakefront, public transportation, and Loyola University, enhancing its appeal to both renters and investors. Don't miss out on this rare opportunity to own a three-unit property in a neighborhood known for its historic charm and vibrant community. Schedule a showing today and explore why 5714 N. Hermitage Ave. is an exceptional investment in Chicago's real estate market.

Last Agent to Sell the Property

Gia Devenyi

Jameson Sotheby's Intl Realty License #475146289 Listed on: 11/11/2024

Jameson Sotheby's Intl Realty

Co-Listed By

Amanda Hines

Jameson Sotheby's Intl Realty License #475207206

Last Buyer's Agent

Tyler Gregory

Wolf Residential Group LLC License #475184645

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,753

Year Built

  • Built in 1991

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 30 x 190
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • American Four Square Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Patio

Community Details

  • 3 Units
  • Net Operating Income $73,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,753

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: American 4-Sq.
  • New Construction: No
  • Year Built: 1991
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher

Exterior Features

  • ExteriorFeatures: Patio
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Conversion YN: N

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.13
  • Lot Dimensions: 30 X 190
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 73200
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 18753.25
  • Tax Year: 2023
  • Tax Exemptions: None

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/02/2025 01/02/25 Sold $1,180,000 -3.7% --
11/11/2024 11/11/24 Pending -- -- --
11/11/2024 11/11/24 For Sale $1,225,000 +57.6% --
10/20/2016 10/20/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $777,500 0.0% --
10/19/2016 10/19/16 Sold $777,500 -- -- View Prior Sale
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12207916

Midwest Real Estate Data (MRED)